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Updated over 1 year ago on . Most recent reply

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Monica Pittard
8
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15
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MTR insurance tenants and Coverage D

Monica Pittard
Posted

When speaking with an insurance company or housing provider placing a family under Coverage D, what are the key questions to ask to get to the heart of finding out how much the insurance company is willing to pay? Does anyone have any experience in having this conversation? I know the insurance company won't outright tell you what the coverage is or how much they have to spend, but I'm guessing if you ask the right questions in the right way you can suss out enough information in order to read between the lines. Thanks! LOVE this community!

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Jamie Banks #2 Medium-Term Rentals Contributor
  • Real Estate Consultant
  • Reston, VA
507
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513
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Jamie Banks #2 Medium-Term Rentals Contributor
  • Real Estate Consultant
  • Reston, VA
Replied

@Monica Pittard You didn’t shoot yourself in the foot. While the current tenants might be under “market” when working with the insurance companies / relocation companies again you can always adjust your price. I work with relocation companies often and I can tell you from experience there’s no set price. Each families situation is different and will have a different budget. 

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