Quote from @Andrew Born: Since you’re now living in one of the units, the property is considered owner-occupied for insurance purposes.

Quote from @Jose Botello: Hi all,looking for some guidance on the right insurance and maybe the right insurance company.

lol, I wish these numbers didn't over double in 5 years but at least insurance is on a downward trend!

An umbrella policy above that is often worth discussing with a knowledgeable insurance broker.Be very cautious about paying casual helpers as “independent contractors.”

Insurance is definitely the loud one right now, especially here in TX, but I think the silent killer for 2026 buyers is still going to be property tax un-capping.I see so many new investors underwriting deals based on the current owner's tax bill, not realizing that the sale triggers a reassessment at the new purchase price.

We're seeing insurance start to level out finally! 

.:-)StateState Average Insurance CostState Average Property Tax RateFlorida$10,9960.19%Texas$2,3171.68%Nevada$9650.59%

Honestly this cash flows poorly if at all and you're insurance estimate at 800/yr is low.

I've frequently found that insureds are confused by what a title insurance policy covers or what the insurer is obligated to do when there's a problem. 

Any insurance carrier can non-renew you for any reason.