Which Landlord Insurance Did You Use?

[Melissa Perez]

Hi there BP fam!

I am currently in the process of closing on a rental property and am shopping around for landlord insurance. I came across Steadily and they quoted me what seems to be a pretty good rate.

Has anyone had any experience with them?

I am kind of newbie when it comes to insurance so I am making sure I have the necessary coverage and that I am not missing anything important, i.e. loss of rental income coverage / water damage / dwelling replacement cost / premises liability (although not sure how much is enough?)

[Caroline Gerardo]

Go direct to Mercury, generally the cheapest and longest in business if it's price I suggest you develop a long term relationship with a broker. Even though the broker makes a difference when you have a claim. You may think this business is only about the bottom line number - it is not. Time, communication, assistance, caring and smarts matter more than pennies. Find a broker to advise you, one you can call at night, and one who is experienced