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Cost Considerations
The cost of rental house insurance can vary significantly depending on factors such as the location of the property, its size, the coverage limits, and the deductible chosen. On average, landlords can expect to pay between $800 and $1,200 annually for a comprehensive policy3. However, by comparing different providers and policies, you can often find competitive rates and discounts. For instance, bundling your rental property insurance with other policies, such as auto or homeowners insurance, may lead to significant savings.