Friday, July 01, 2005

New Insurance Helps Cash Flow

When I purchased the townhouse I had trouble getting insurance since the unit is within a mile of a river - which I guess they were concerned with flooding...even thought the policy doesn't cover floods -- go figure out insurance companies and I'll bet you win a Nobel...anyway --

It's all about finding the right agent! My original annual cost was $596...I now found a new policy that is better coverage (includes $10K for loss of use) and is only $279 per annum!

This improves my cash flow by $26/month! (I'll take it!)