Landlord insurance as percentage of rent

[Evan Bell]

How much do you figure your insurance policy should cost you as a percentage of the rent collected on that property per month?

[Ron Rohrssen]

@Evan Bell Ok. So, I was curious enough to calculate this on my properties.

Here's what I get: Condo 1: 3.09%, Condo 2: 3.59%, SFH 1: 8.16
Condo 1 and Condo 2 are very comparable properties in the same complex. SFH is a nearly 100 year old home compared to the condos that are <15 years old.