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Updated over 9 years ago on . Most recent reply
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
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Property Insurance for rental in Mobile AL
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
I own a rental property in Mobile AL for over 10 years now and the property insurance have been going up every year on it. We are with Farmers Insurance. I just got a renewal notice and the insurance premium for next year is $3,000!!! which is outrageous for a property worth $120K. It looks that not very many carriers will insure in that area. The property actually located in Semmes, AL (zip 36575), which is right next to Mobile.
I know there are other landlords out there and would appreciate any feedback you can provide regarding who do you use for your insurance for landlord policy? Any recommended insurance agents covering this area? How much are you paying for landlord coverage for a 3/2/2 1500 sq. ft. dwelling (or similar)?
Thank you!
- Dmitriy Fomichenko
- (949) 228-9393
Most Popular Reply
Call Theresa Williams with Pilger Insurance and she can get you a quote. She is who I use for some of my rentals and seems to be reasonable. Her number is 251-340-1977 or you can email her at [email protected]. Ever since hurricane Katrina insurance has been crazy around here. Good luck and let me know if I can help you with anything else.