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Updated over 8 years ago on . Most recent reply
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Windstorm Coverage
Hello, we are looking at some turnkey investment options in Independence and Raytown and finalizing our cash flow analysis. Being from California, I don't have much insight into Tornado/Windstorm coverage but assuming it's mandatory in the Kansas City area? If so, could somebody give me a ballpark estimate as to how much that coverage costs per year?
Thanks!
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@Jon Crosby As @Fred Heller stated, it should be included if the property is in KC.
This coverage issue is very common in coastal areas, but not inland. A great example is Florida. Policies are written with the Windstorm coverage as a separate line item as it can be very expensive in certain areas, like Miami.