Warren West
Insurance Costs Coming in Very High at Close
I'm in closing with a duplex that will be owner occupied. Was expecting the insurance premium to be much lower (mortgage broker was estimating $1.2k in paperwork). Just received some quotes and the yearly premium is...
Kevin Zhang
Any Cost Competitive Homeowner Insurance Company to Recommend?
Multi family triple rental, 1920 built, Indiana, roof less than 10 years, with finished basement, vinyl siding. Looking for monthly cost <$100
Sarah Msuya
Actual Cash Value v. Functional Replacement Cost Insurance?
Hello everyone,
I am under contract on my first long term buy and hold rental. It is a 4BD/1.5BR SFH in Auburn Maine. I am paying $113,000 and will be replacing the roof on it this spring. Everything is currently fu...
Brian Sanchez
title insurance for rehab costs from private lender?
Hey BP:
I am about ready to close in the next week on another property in Indiana. It is an all-cash purchase. However, I have a partner who is willing to cover the rehab costs of 40K. I have the promissory note w...
Sammie Xiao
How much does Flood insurance cost in CA
Any of you investors in Long Beach CA knows what’s a reasonable cost for flood insurance in Belmont shore area? Any insurance agents here can contact me to give me a quote? About to close a single family home propert...
James Farrel
Allocation of Cost of COA Master Insurance Policy
I own some units in a condominium that includes both apartments in a mid-rise tower and 3 story townhouses. Assuming an equal number of apartments and townhouses, would an insurance company typically charge more fo...
Michael McConlogue
How much should Insurance cost for rental units?
I have single family and Duplexes and I have been shopping around and I am surprised and the differences in price and coverage. Just wondering what the BP community thinks as far as coverage and cost? policy #1 $3496 ...
Senthil N.
Insurance: Replacement cost value vs Actual cash value
My home insurance will only offer Actual cash value and not Replacement cost value. I can perhaps shop around. Before I go down that path, wanted to get a feel for what other investors have on their coverage. My ques...
Alden Roseman
Roof insurance: Replacement Cost vs Actual Cash Value
Looking for some insight from people familiar with rental property insurance. I have 8 SFRs. All are insured with State Farm. My current policies have an actual cash value endorsement on the roof meaning that in th...
Carlos Ptriawan
Insurance asking for much higher building replacement cost
My agent called me telling me State Farm said to rebuild my 100k something duplex, it would cost 500k. Unbelievable.While I'm not denying, but who wants to insure 500k to a house that was only 100k something only...is...