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Updated about 5 years ago on . Most recent reply

Carla Gordon's profile image
Carla Gordon's profile image
Carla Gordon
  • Real Estate Agent
  • from Houston, TX
  • Member since May 9, 2016
  • Posts 61
  • Votes 27
  • Experience 2 Yrs
  • Investments 5
Connect

User Stats

61
Posts
27
Votes
Carla Gordon's profile image
Carla Gordon's profile image
Carla Gordon
  • Real Estate Agent
  • from Houston, TX
  • Member since May 9, 2016
  • Posts 61
  • Votes 27
  • Experience 2 Yrs
  • Investments 5
Connect
Carla Gordon
  • Real Estate Agent
  • Houston, TX
27
Votes |
61
Posts
Houston Real Estate Forum

Insurance Recommendations For BRRRR

Carla Gordon
  • Real Estate Agent
  • Houston, TX
Posted

Happy New Years everyone. I'm closing on my first BRRRR soon and have been shopping for insurance. I've gotten quotes on insurance but they seem much higher than I expected. Trying to figure out why my quotes are coming in at $2800 for a yearly premium. Here's some details:

Property in Houston TX 77009. Built in 1945. Square footage 1200. Will be vacant and under rehab for 60 days

Dwelling coverage $175k

Liability 1MM

Deductible $10k (premium was even higher before with 2.5k deductible)

This is from REI Guard which has been recommended on BP but I'm wondering if there are better local options. Thanks!

Houston, Texas
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