I recently got insurance renewals on a couple of properties I own and manage in the Disney area. Most of my rentals renewed at the same price as before, with 1 house increasing by a few dollars a month, and one in particular increasing from $1,400/year to $2,300/Year. A $900 increase was not something I was expecting, so I am looking for someone who can search for a better rate for me. Please and thank you,
Same here... I actually just (a minute before reading this post) reached out to two new brokers, trying to get better rates... will keep you posted
Yeah seems strange that some areas seem to be skyrocketing the insurance rates. I get people are a big spooked with Covid and all, but the insurance almost doubling doesn't seem right to me.
Look into American Modern. I moved from USAA to them several years ago and they've done nothing to antagonize me. My rule of them - opt for the highest deductible, insure for 75% of ACV and avoid the add-ons like vandalism and flood. Just make sure you can cover the bet if God calls you on it. Best, Terrell
I am just now seeing your post now. Thanks for the advice. Im chatting with a broker now actually and making some calls around.
Loved the “God calls you on a bet” comment also btw. Mind if i use that?? Haha