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45
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10
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Mike Dawson
  • Investor
10
Votes |
45
Posts

Recommendations for affordable motel insurance?

Mike Dawson
  • Investor
Posted

Hi all. I am in need of insurance for a small(20 unit) motel in Kansas. The current company just quoted me more than double the existing rate. They claim that the replacement cost has gone up 400k since the policy was written, and that they had just raised rates this past January. I had another quote thousands higher than that. It's a substantial blow to the NOI.

Please help!

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