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Skyler Southern
  • Rental Property Investor
  • Fishers, IN
8
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20
Posts

Suggestions on Insurance for 3 Unit Property

Skyler Southern
  • Rental Property Investor
  • Fishers, IN
Posted Oct 8 2018, 10:41
I’m under contract for a property at $50k and the replacement cost is approximately $275k. Most of the insurance quotes I’m getting is around $2500. ACV at $550. The Replacement cost quotes are Much higher than I expected. This is a non owner occupied property. Are others experiencing rates in this range?

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