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Updated almost 17 years ago on .

Dwayne Buckner's profile image
Dwayne Buckner's profile image
Dwayne Buckner
  • Real Estate Investor
  • from San Diego , California
  • Member since Mar 13, 2008
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User Stats

78
Posts
2
Votes
Dwayne Buckner's profile image
Dwayne Buckner's profile image
Dwayne Buckner
  • Real Estate Investor
  • from San Diego , California
  • Member since Mar 13, 2008
Connect
Dwayne Buckner
  • Real Estate Investor
  • San Diego , CA
2
Votes |
78
Posts
Insurance

Increase in insurance

Dwayne Buckner
  • Real Estate Investor
  • San Diego , CA
Posted

Forum friends,

I am looking into renting out one of my private homes. I am currently collecting quotes on insurance to cover tenants. The liability, as anticipated, increases. Sure I understand lawsuits etc., but is there a typical percent increase that experienced REIs figure, when changing insurance from a private residence to a rental? The quotes I am getting so far are much higher than I anticipated.

Thanks,
Dwayne

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