New Rochelle, NY · Member since 2018 · 3 posts · 0 votes
Hi,
I am about to become a first time landlord and was hoping someone could shed some light on what type of insurance I should be looking into for renting out a single family home. And also how much I should anticipate to pay - house is 2 bedroom 1100 sq ft and located in NY.
For this type house I usually pay between $70 - $80 dollars per month on my landlord insurance with Allstate. I would always include vandalism with the insurance package.
@Michael B. Thanks for your reply. I ended up going with State Farm (many insurers wouldn't even quote me since the house is near water, yet not in a flood zone). I'm paying about $130/month which I feel is high but maybe NY prices are just that much more expensive?