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Updated over 11 years ago on . Most recent reply

User Stats

147
Posts
9
Votes
Shawn S.
  • Rental Property Investor
  • Kansas City MO
9
Votes |
147
Posts

Insurance rates in the Kansas City area or where you live

Shawn S.
  • Rental Property Investor
  • Kansas City MO
Posted

Greetings,

I was wondering what your typical insurance premiums were for the area you live in? In KC I'm looking at 1 percent of the purchase price. I read today the percent should be closer to .5 percent. Just wanting to see ranges so I know how hard I need to shop.

Thanks

Most Popular Reply

User Stats

62
Posts
28
Votes
Steven Myers
  • Investor
  • Wichita, KS
28
Votes |
62
Posts
Steven Myers
  • Investor
  • Wichita, KS
Replied

My concern with living in Kansas and having a high deductible would be an event like a major hail storm. It would suck to have several properties damaged and have to pay out of pocket so much money. It's not common but living in Wichita I know it does happen.

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