Austin Real Estate Forum

User Stats

54
Posts
44
Votes
Chris Schorre
  • Investor
  • AUSTIN, TX
44
Votes |
54
Posts

Cost of Builders Risk insurance policy. Why so much?

Chris Schorre
  • Investor
  • AUSTIN, TX
Posted Oct 9 2019, 05:50

Hi everyone, I just purchased a fixer in East Austin 78702 for $327K and plan to put about $100K into it. I called to get quotes from two agents on insurance for a six month period and both quotes came in around $1850 including liability coverage. I realize there are many more risks associated with vacant properties and especially ones under construction but I wonder if that's in line with what other investors have seen for insurance quotes. Many thanks.

Loading replies...