UPDATE - Insurance - Don't have any & not worried. - NOW INSURED!

[JR T.]

Hello BP,

About two months ago I posted a discussion about operating subprime rentals sans insurance which generated some 100 replies:

https://www.biggerpockets.com/forums/95/topics/235...

My main objection to insuring the properties is that the insurance I was being quoted ran ~$1,000/yr/door and was inappropriate to the type of risk I wanted to hedge against. A BP Pro member @Jason Bott contacted me believing he could find a solution. 

I'm happy to say he produced and for Christmas I paid my insurance premium. A million in liability and casualty insurance on the properties with a $10k deductible at around $275/door/year. At this price it made the policy a no brainer and I sleep better at night for it. Thanks Jason.