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Updated over 9 years ago, 04/08/2015
John ThedfordPoster#5 Wholesaling Contributor
- Real Estate Broker
- Naples, FL
- 6,550
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Insurance On SFR In SW Florida---It's Outrageous On Some Properties
Hello all: I just got my insurance premium bill for a SFR I own in Cape Coral. The house is a 3/2/2 built 1980. It has about 1600 SF, is CBS, has a newer roof, and a pool. Because it is held in a S corp the liability insurance is a different policy. Problem: almost 3K a year in property insurance. The property is worth about 155K. As an example, I have a different property build in 2006 with about the same value and the insurance is under $1300. Any suggestions on who to try for a different insurance quote? 3K a year is really biting into my ROI.