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Updated almost 2 years ago, 02/28/2023
Palm Coast Florida STR Coverage
Hi all, I'm considering purchasing a property in Palm Coast to operate as a short term rental. Ive heard anything east of 95 is cost prohibitive to insure. Any insight? Any recommendations for agents? Thanks!
One of my more recent sales took place east of 95 in Palm Coast and it was for a STR. The buyer has no issue getting insurance on the property. They shopped a few different insurance brokers and were able to insure a Salt water canal home for about 1600 a year.
Would love to talk more about Palm Coast investing with you, PM Sent.
- Joseph Beilke
- 240-676-4927
#1 Insurance Contributor
- Insurance Agent
- Norwalk, CT
Colin,
The Insurance market in FL is still in turmoil. Over the past couple of years many insurance companies have stopped writing in FL. I would suggest contacting Agents in FL for quotes and info. That way you will know who can write it and approximate cost. Sounds like Colin may be good starting point. Perhalps he can find out the Insurance Agent that was able to insure his clients property.
