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Updated almost 4 years ago,
Getting Killed on Property Insurance on Rentals.
I'm at my wits' end looking for decent property insurance for my rentals (four SFHs). My rates have spiked 35% in the past 2 years. Is this happening to everyone else as well? I'm paying about $1000/yr each on homes valued at around $110K apiece. I've been shopping around a bit, but no luck. I realize we can't solicit here, and I'm not looking for that, but does anyone have any tips on how to seek out the least expensive homeowners insurance for rental properties? Am I missing something? Or are my rates and the recent premium spikes what everyone else is seeing as well? Thanks all!