Insurance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago on . Most recent reply
Feedback on my insurance quote in Maine
Hello - I'm preparing to close on my first investment property, located in Bath, ME, and I'm wondering if the Mainers here might chime in on the insurance quote I received for a DP3 policy. Here are the details for this 3,250 brick 4-plex:
Replacement: $564k
10% Rent Loss
$1 Million liability
$5k medical
$5k personal property
$5k deductible
Premium - $1,703/yr. ($142/mo.)
Does this look reasonable, can I do better, and who might you recommend me reaching out to if so?
Thanks,
Mike