Updated over 10 years ago on . Most recent reply
John ThedfordPoster
#5 Wholesaling Contributor
#5 Wholesaling Contributor
- Real Estate Broker
- Naples, FL
- 6,552
- Votes |
- 9,365
- Posts
Insuring SW Florida Rentals: What Is The Best Move?
John ThedfordPoster#5 Wholesaling Contributor
#5 Wholesaling Contributor
- Real Estate Broker
- Naples, FL
Anyone that lives on the coast knows the issues with insurance. In many cases it can be expensive. My current insurance carrier is proposing the following deductibles with pricing.
$5000 Deductible & 5% Hurricane Deductible $1011.00
$2500 Deductible & 10% Hurricane Deductible $920.00
$5000 Deductible & 10% Hurricane Deductible $900.00
The house is 1413 SF built in 1988. CBS. Will need a new roof in probably 5 years. Not located in a flood zone.
Which would you choose and why?