About a year ago, I had a pipe burst in my primary residence during a cold snap and power outage. That turned into a $56k insurance claim. Naturally, my home insurance premiums are not small (on a different house now), and when I look for quotes they're all excited about how much they can save me until I tell them about my claim, at which point their quotes are higher than what I'm paying. I know I have to wait three years to get a better price on insurance.
Do I just need to wait three years to even consider income properties? Or do they use totally different standards for landlord's insurance?