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Updated over 10 years ago, 03/10/2014

Parker T.'s profile image
Parker T.'s profile image
Parker T.
  • from Tulsa, Oklahoma
  • Member since Mar 28, 2013
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User Stats

23
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1
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Parker T.'s profile image
Parker T.'s profile image
Parker T.
  • from Tulsa, Oklahoma
  • Member since Mar 28, 2013
Connect
Parker T.
  • Tulsa, OK
1
Votes |
23
Posts
Insurance

Insure Rental at Replacement Cost

Parker T.
  • Tulsa, OK
Posted

All,

I'm putting a bid on a foreclosure today at 30k. The insurance company quoted the replacement cost at 160k and with everything else factored in a quote of $94/m. This seems extremely high and doesn't fit into the 50% guideline. Do yall insure for full replacement value? Thanks.

PT

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