I am looking into purchasing an investment property to rent out. How much of an increase is home owners?
How much of an increase will my home owners insurance be to insure an investment property verses a primary residence? Thanks.
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Answer by leo@askbiblitz.com
Considerable, no doubt. Depends on property, neighborhood, jurisdiction, your insurance history, etc., etc. No easy answer. The usual factors will be weighed against you and your wallet to ensure insurance company does much better out of the transaction than you.
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Mandarin Hotel - Boston, Ma
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