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Updated over 7 years ago,

Joseph D.'s profile image
Joseph D.'s profile image
Joseph D.
  • from Santa Monica, California
  • Member since Dec 14, 2016
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Joseph D.'s profile image
Joseph D.'s profile image
Joseph D.
  • from Santa Monica, California
  • Member since Dec 14, 2016
Connect
Joseph D.
  • Santa Monica, CA
0
Votes |
8
Posts
Insurance

Coverage Amount - Value of Property or Amount of Mortgage

Joseph D.
  • Santa Monica, CA
Posted

How much total coverage should I be buying on my rentals?  These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property.  I'm curious to hear what others do and how they determine their total coverage amount.

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