The only company so far has been Lloyds of London with a premium that is very very expensive.

Premiums should be pretty cheap doing this, but you have to accept the risk involved.If you replace the roof, many companies out there give discounts that can amount to several hundred dollars per year for a new roof. 

The very obvious con is that your unit is only rentable to students 9 months out of the year, so it needs to be at enough of a premium to cover those other 3 months. 

This may cause a flipper to pay a premium for the property, if they aren't patient or wise.After the remodel you are now dealing with buyers. 

This home was rehabbed in 2015, and I was purchasing from another investor who had worked with PFR.All seemed well until the property inspector (I used Rick Sabatino at Premium Home Inspections) couldn't get into the units during the first scheduled inspection.  

You don't have to get the fancy premium version to reap the benefits of the software--I think I pay $15/month and the hassle/time it saves is well worth it. 

They are not keeping the premium they earn as you suggest.

I changed my MF's insurance to another company, who quoted a better premium than what my previous insurer was going to be at.  

So another two years We sold our last subdivision lot at priceSold our latest SelfStorage location at premium last week. 13 offers all except 3 above askingPulled back on our Bond and stock positions.

So this basically means you can't buy something over-valued (ie. at a premium price).