Hey BP Friends,
I'm about to close an 8 unit in CO Springs. The value of the property is just over $1m (aka $150k/unit), but the insurance quote came in at 10k-12k/year. There are no unusual circumstances like high f...

Happy New Years everyone. I’m closing on my first BRRRR soon and have been shopping for insurance. I’ve gotten quotes on insurance but they seem much higher than I expected. Trying to figure out why my quotes are comi...

Howdy Folks,I am in the process of analyzing some deals and I had a question regarding the insurance underwriting process. First, how is real estate insurance calculated, replacement cost? I want to be able to input a...

From what I understand, you can deduct the entire premium as it is an expense to run the rental property. With prices going up so much, if this lowers your cashflow too much, I feel like you may not look profitable in...

I purchased a 3/2/2, 1366 sqft rental home built in 1986 (roof 8-10 years, no pool, smoke alarm, etc) in May 2023. At the time, I was able to work with an insurance agent to get a specialized policy for vacant homes (...

HiI had landlord insurance since two years with Travellers and was paying $1400 per year. All of sudden the new rates are $2000/year.are you seeing the same rate hikes?  That’s a huge bump.

I own a SFH (3Br 1.5 Bath-Ranch) rental in the Twin Cities of Minnesota. My Fire/Dwelling policy covers the rebuild cost of $193K, $2K in personal Property, and $100K liability (seperate $1M umbrella) for a yearly pre...

Hi fellow investors,I have multiple SFH investment properties in NC and it seems like every 6 months the insurance premiums keep creeping up. The property values in our town have seen a sharp rise in the last two year...

Hello BP Community,  I took out a 30 Year Term, $100,000  policy with AAA Life Insurance.  Right now I'm paying $36 a month. Presently I'm single, no kids and took out this policy at 31 years old and I've had it for a...

Ran across this today and thought this might be extremely useful for others to use if you are discussing directly with sellers so they can have a better grasp on what they will receive net on a direct to buyer sale. h...