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Updated over 7 years ago, 08/07/2017
Home owner's insurance
Hey everyone, I just got a new quot for my homeowner's insurance on the triplex I own and in live in.
I noticed the premium jumped from $1480 to $1743, is this typical. I mean a $263 or 17% seems a little fishy to me.
Also, the amount for the dwelling coverage is about what I paid for the place 2 years ago. Do you typically cover 80% of purchase price or something like that for the dwelling, and assume the other portion is for the land?
Thanks in advance for any advice!