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Updated about 4 years ago on . Most recent reply

Simone B.'s profile image
Simone B.'s profile image
Simone B.
  • Rental Property Investor
  • from Virginia
  • Member since Nov 30, 2020
Connect

User Stats

15
Posts
3
Votes
Simone B.'s profile image
Simone B.'s profile image
Simone B.
  • Rental Property Investor
  • from Virginia
  • Member since Nov 30, 2020
Connect
Simone B.
  • Rental Property Investor
  • Virginia
3
Votes |
15
Posts
Insurance

Insurance on a Condo rental.

Simone B.
  • Rental Property Investor
  • Virginia
Posted

I am new to investing and just bought my first property! Currently, I am in the process of shopping for insurance. Any thoughts about how much insurance to get for a 1200sqft condo (appraised for 150k) 2nd floor, built in 2001? I was quoted a few different prices ($23 and $37 per month were the lowest) with 500k liability, 60k dwelling, and 1k deductible. Anything I am missing and why there is such a difference in price?

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Simone B.'s profile image
Simone B.'s profile image
Simone B.
  • Rental Property Investor
  • from Virginia
  • Member since Nov 30, 2020
Connect

User Stats

15
Posts
3
Votes
Simone B.'s profile image
Simone B.'s profile image
Simone B.
  • Rental Property Investor
  • from Virginia
  • Member since Nov 30, 2020
Connect
Simone B.
  • Rental Property Investor
  • Virginia
3
Votes |
15
Posts
Simone B.
  • Rental Property Investor
  • Virginia
Replied

How do I determine the right property insurance?

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