I Just Shopped For Property Insurance—It Went Way Better Than Usual

28 days agoScore: 78
Hosting Operations
Insurance
Multiple Properties
Expenses

Summary

This article discusses the benefits of using Steadily for landlord insurance, highlighting its ease of use, comprehensive coverage, and ability to manage multiple policies. Hosts can save time and potentially money by regularly reviewing their insurance coverage and exploring options like Steadily.

Key Insights

  • The Steadily quote was $867 per year for $231,000 in replacement cost coverage.
  • Steadily provides coverage for other structures, fair rental value, water damage protection, inspection fees, medical payments, mold and remediation coverage, liability coverage, and vandalism/burglary coverage.

Action Items

  • Revisit your insurance quotes annually to ensure you're getting the best coverage and pricing.
    Effort: low
    Impact: medium

Tools & Resources

  • Steadily: The article mentions using Steadily.

Watch Out For

  • Investors often overlook insurance as part of asset management.

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