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Updated over 5 years ago,
How to best estimate landlord insurance cost in your calculations
I am finding it perplexing as to how to best estimate landlord insurance policy costs on various properties. As I understand it, the policy costs vary due to age, construction, etc. In the webinars, I have seen Brandon pop $75/month into that box, but now that I am connecting with insurers, I am finding out that there is no average and that number seems low. How do you all deal with inputting insurance numbers? Do you pass each property by your agent? Is there a way to use an average number just for the initial pass.....and how would I calculate that? Thanks everyone!