How many rentals? A lot of landlords find that after about 15 rentals, paying an agent for insurance doesnt make financial sense, self insuring becomes a better deal. In your case, with $4000 on the "rental" that you live in, it would be even less than 15.
If I was you, I would pencil out dropping insurance on your place as well as the rentals, pool that savings into an account and self insure. Self insuring is not for everybody, I think its mostly because everybody has become conditioned to expect "someone else to pay" when things go bad but if you think about it, bad things dont happen all that much. Besides, insurance companies are not providing insurance at cost, they have a hefty profit built in.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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