Transform Your Wealth with Investment Property Insurance Secrets
Cost Considerations and Savings Opportunities
The cost of investment property insurance varies based on several factors, including the property's location, age, and value, as well as the coverage limits and deductibles you choose. On average, landlords can expect to pay between $800 and $1,500 annually for comprehensive coverage1.
Many insurers offer discounts for landlords who implement risk-reducing measures, such as installing security systems or opting for higher deductibles. Additionally, bundling property insurance with other policies, like auto or personal insurance, can lead to significant savings. As you see these options, consider consulting with insurance providers to explore discounts and customize a cost-effective policy.