Insurance agencies writing landlord DP-3, rent-loss, replacement cost (RCV), and commercial habitational policies required for DSCR closings. In New Mexico (NM), closings operate under a Judicial (or Commercial Deed of Trust Act) regime (160–220 days-day average timeline) with a 0.76% average property tax rate and $520/$100K landlord hazard insurance benchmark.
100% Replacement Cost Value (RCV), 6–12 month rent loss, and windstorm/flood compliance.