Rental Insurance Increase?

[Matt Lindsey]

Hello everyone,

I had my first claim through my insurance company (AAA) for my rental property. This involved replacing the flooring downstairs. I was given about $8K for the damage to the flooring, wall, baseboard, etc. I still haven't completed the process of getting money back for lost rent (I had to send them a copy of my signed lease). I'm expecting an increase to my insurance when it comes to renewal. What amount should I expect? Should I try to get lost rent (about $1-1.5K) or should I just eat that so I don't go over a certain amount? Thanks for the advice