It is a 1100 sq ft 3 bed 1.5 bath with detached garage, backyard, and an unfinished basement.The difference in the premium for both options is significant, so I am seeking opinion on if it is work going with the higher cost option.Travelers: $820/year100% Dwelling Replacement: $144kDetached structures (Garage): $14kDeductible: $1,000Property (appliances): $2,000Liability: $500kLoss of Rents: $15,000$5,000 water back-up (sump pump failure for basement)Auto-Owners: $1400/year 100% Dwelling Replacement: $163kDetached structures (Garage): $16kDeductible: $1,000Property (appliances): $3kLiability: $500kLoss of Rents: $16,350$5k water back-up (sump pump failure for basement)$10k service line coverage (buried lines in yard)

I've seen this cover appliances that hit the skids, furnace repairs that pop up, and a few other things. 

I’m still a newbie with one property but this should be sufficient unless your appliances and systems are on their last leg and you expect to replace soon.

Hey BP, curious how others handle their appliances?

To answer your questions specifically.1) If you have property management in-house then you can definitely realize the synergistic effects of having multiple properties within close proximity with one another.If you're outsourcing to third party, well, you probably won't get too many benefits.There are definitely discounts to be had on buying materials in bulk (appliances, floors, paint, etc...) which you can more easily justify when you have a larger portfolilo.

We have a well performing building, solid tenants and continued opportunity for further rent repair and forced appreciation with further improvements to the building (exterior trim painting, new paint and updating flooring and appliances in units with long-term tenants).

We have a well performing building, solid tenants and continued opportunity for further rent repair and forced appreciation with further improvements to the building (exterior trim painting, new paint and updating flooring and appliances in units with long-term tenants).

We have a great appliance company and they get special rates direct from the MFG, so can't touch the pricing anywhere. 

Obviously you want to have an updated kitchen, bathrooms, stainless steel appliances etc.

New appliances?