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Updated over 6 years ago on . Most recent reply

User Stats

256
Posts
110
Votes
Mel Hayes
  • Investor
  • Los Angeles, CA
110
Votes |
256
Posts

high Insurance premiums

Mel Hayes
  • Investor
  • Los Angeles, CA
Posted

Hi All,

Looking for some advice on how to shop for Insurance. Currently I'm paying over $100.00 a month on one of my properties in Memphis and it's hurting my ROI. I feel like this is too high but I feel like I may have not asked the right questions or I may have too much coverage. Seasoned Investors, what are some tips I can use to get my Insurance quotes down?

Thanks in advance,

Mel

Most Popular Reply

User Stats

7,695
Posts
7,859
Votes
Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,859
Votes |
7,695
Posts
Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

Mel Hayes you should listen to Douglas Skipworth. These master policies are usually cheaper, much cheaper then what you’re quoting. I knkw of several PMs in Memphis that have one.

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