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Forums » Starting Out » Rental insurance

Rental insurance Subscribe to Rental insurance

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David Lunsford

· Fort Worth, Texas


Forum_avatar_avatar-crestltd

Oct 14 '11, 07:54 AM

In the Dallas area of Texas what should I be paying a year for insurance for arental valued at 90K and can anyone recommend a good agent and company.


Todd Bayer

Note Investor · Moreno Valley, California


Forum_avatar_avatar-bigmacfann

Oct 14 '11, 11:15 AM

I wouldn't pay more than $600/year for a policy. It should include "loss of rent" in the event the house is damaged and cannot be occupied. Also, make sure there is coverage in there to pay rent for your tenant at a new place while yours is fixed. I do not have anyone to refer you to in Dallas, but if you know any mortgage brokers that work with investors, they should be able to refer someone to you. Good luck!




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