Insurance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
1031 Exchanges
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago on . Most recent reply
![Brandon S.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/175638/1694706387-avatar-bshiaw.jpg?twic=v1/output=image/cover=128x128&v=2)
Property Insurance for Rental Property?
Hi all,
Shopping around for property insurance for a rental property... looking for recommendations on policy limits and features to look for!
Here are some basics on the property: Single Family Home, one story, 3BR/1.75BA, attached 2 car-garage, ~1100 sq ft., built in 1980, no pool.
Would love to answers to the questions below (in addition to whatever else you guys may have tucked away in your brains!):
- What type is recommended? (I've heard HO-3 being common?)
- Is replacement-cost insurance recommended on a rental?
- Lots of quotes I have gotten don't cover personal property at all, since it's a rental, I'm thinking that's fine?
- Loss of use - what recommendations here on policy limits (based on rents at about $2200/month)?
- Medical is only $1000/person on all my quotes. Is this good enough?
- Liability is about $300k on most of my quotes. Is this good enough?
- What companies are known to be extremely painful to deal with when making a claim?
- What are some small things to look for in the fine print that could be a deal breaker?
- Recommended deductible: $1,000 or $2500 ?
That's all I have for now. Thanks in advance!!!