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Updated almost 9 years ago,

Jay Helms's profile image
Jay Helms's profile image
Jay Helms
  • Rental Property Investor
  • from Gulf Breeze, FL
  • Member since Jun 8, 2014
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1,561
Posts
732
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Jay Helms's profile image
Jay Helms's profile image
Jay Helms
  • Rental Property Investor
  • from Gulf Breeze, FL
  • Member since Jun 8, 2014
Connect
Jay Helms
  • Rental Property Investor
  • Gulf Breeze, FL
732
Votes |
1,561
Posts
General Landlording & Rental Properties

Insurance on your $30k PigCow?

Jay Helms
  • Rental Property Investor
  • Gulf Breeze, FL
Posted

Hot topic here on BP is the validity of $30k properties. I have one that is a cash-cow and wish I had 1,000 just like it. I've heard $30k properties referred to as pigs, hence PigCow.  My question is this, for those of you who have a $30k PigCow in your portfolio, do you carry insurance on it?  Assuming this is an elective option for you, would you ever consider it and why/why not?  At what levels do your maintenance & capital expense funds have to reach before eliminating the monthly costs of insurance?

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