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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Insurance
HomeForumsInsuranceHow much liability for home insurance plan?
Pedro Adorno's profile image
Pedro Adorno's profile image
Pedro Adorno
  • Rental Property Investor
  • from NYC/PA/NJ/ATL
  • Member since Jul 17, 2018
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Pedro Adorno's profile image
Pedro Adorno's profile image
Pedro Adorno
  • Rental Property Investor
  • from NYC/PA/NJ/ATL
  • Member since Jul 17, 2018
Connect
Pedro Adorno
  • Rental Property Investor
  • NYC/PA/NJ/ATL
6
Votes |
5
Posts
Insurance

How much liability for home insurance plan?

Pedro Adorno
  • Rental Property Investor
  • NYC/PA/NJ/ATL
Posted Aug 1 2018, 11:08
Hello BP! I’m purchasing incestment property thIs month Its a duplex for $220k. Median income in the area is about $35k. I’m not purchasing through a corporation. Getting the proper insurance wIll be my protectIon. My insurance offIce offered me 3 threshold options for liability. At which point is it unnecessary? 300k - $1,275 500k - $1,285 1M - $1,345 Thoughts?
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