Home owners insurance Quotes

2 Replies

Hi Team

My home owners insurance on my  rental prop in Delaware is a bit high, paying about $1000 annual for an attached  townhouse. Trying to get a better quote because I think at the price, the insurance is a bit high..


What is the value of the property? In Deleware are insurance premiums operate on an open market, or are the rates set by the state as they are in some places. If the state sets the premium rates, then shopping around may not do much good.

Also make sure that you are insuring it as a rental and not a primary residence. That will have an effect on the cost of the policy. Owner occupant policies will cover the belongings in the home, while a rental policy will not.