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Updated almost 5 years ago on . Most recent reply

H.O. Insurance for rental property
Can anyone recommend a good and reasonably priced place to get an insurance quote for my first condo rental. We are in escrow on our first investment property, which is a condo. I got a quote from an agent who went with Traveler's and I was quoted $1,034/ yr for a 2b/2ba condo. 100k dwelling/500k personal liability/49k for loss of use with $1,000 deductible. Then I got a quote with AAA for 147k dwelling/1million personal liability and 30k loss of use for $338/yr because I have other policies with them. Only to find out the underwriter doesn't insure rental condos, only SFR rentals. I feel like there's got to be an in between. If it matters, I'm in the San Diego area. Thanks in advance.
Most Popular Reply

@Summer Noyes give CIG a try; I've only used them for SFRs but the prices are good mid $300k for dwelling $1M liability, for a premium of about $500 if you go with the $1,000 deductible.