Knowing that it will vary regionally and such, is there a rule of thumb when it comes to landord’s insurance? Looking to get a general rule so I can do quick gut checks when quickly comparing potential deals. Thanks!

I.e., 1% of purchase price annually or something in that format.

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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.

My landlord insurance in a single family with $2M liability is .18% of purchase price.

It will vary greatly by location. Shop around and call a few companies to see what’s competitive in your area.

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