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Updated over 7 years ago, 07/07/2017

User Stats

96
Posts
52
Votes
Matt Romano
Pro Member
  • Realtor
  • Warren, RI
52
Votes |
96
Posts

Homeowners Insurance Quotes seem typical?!

Matt Romano
Pro Member
  • Realtor
  • Warren, RI
Posted

Hows it going BP? I'm currently under contract with my first owner occupied multifamily (house hack), and I'm really looking forward to starting off this REI career. Scheduled to close soon, but I'm still shopping around for insurance quotes. I've gotten 3 so far, and the one that the Lender recommended is the cheapest so far. The property is in Warren, Rhode Island, and I got a price for $1439 annually ($120/mo) for $295,000 coverage with $1,000 deductible. No separate hurricane deductible. Thats honestly as much as I know about the policy. The other 2 quotes I got were pretty close in terms of premium amount ($1574/yr and $1487/yr). Anyone have any recommendations I should look into? Or do those prices seem more than reasonable? Thanks in advance!!!

-Matt 

  • Matt Romano
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