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15
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3
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Simone B.
  • Rental Property Investor
  • VA
3
Votes |
15
Posts

Insurance on a Condo rental.

Simone B.
  • Rental Property Investor
  • VA
Posted

I am new to investing and just bought my first property! Currently, I am in the process of shopping for insurance. Any thoughts about how much insurance to get for a 1200sqft condo (appraised for 150k) 2nd floor, built in 2001? I was quoted a few different prices ($23 and $37 per month were the lowest) with 500k liability, 60k dwelling, and 1k deductible. Anything I am missing and why there is such a difference in price?

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