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Updated over 8 years ago, 05/11/2016
Homeowner's Insurance on rental properties
Hello! I am preparing to purchase my first rental property and am wondering two things:
1) What does an AVERAGE BALLPARK monthly homeowner's insurance policy run? (I realize this varies widely based on location, size of home and a multitude of factors - I'm looking only for a ballpark average)
2) I'm curious if there are any certain insurance companies you've had particularly great success with regarding homeowner's insurance on a rental (great rates, good offerings, etc)?
Thanks in advance!