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Mentor
Replacement cost versus actual cash value will result in different quotes. If you go down the replacement cost option, their cost formula is based on a cost per SF and the carrier generates the cost.
I usually have my broker run a quote before finalizing a deal.
Subject Expert
My landlord insurance in a single family with $2M liability is .18% of purchase price.
Subject Expert
It will vary greatly by location. Shop around and call a few companies to see what’s competitive in your area.