I'm having issues with getting absurdly high replacement costs policies for my 4/5/6 unit properties. All properties are well maintained, but I'm being forced to purchase and absurd amount of replacement cost that far exceed twice what the property is worth.
I've owned 28 unit rental portfolio now that I have started building since 2010 and have never filed a single claim.
If there ever was a fire at one of the properties and the ACV paid off my mortgage I would be happy to own the land outright.
Is anyone aware of ACV policies for 4/5/6 unit buildings?
I've owned 28 unit rental portfolio now that I have started building since 2010 and have never filed a single claim.
If there ever was a fire at one of the properties and the ACV paid off my mortgage I would be happy to own the land outright.
Is anyone aware of ACV policies for 4/5/6 unit buildings?