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Insurance for an office building
Recently purchased a 4000 square foot commercial office building in Canton Ohio
Looking for an inexpensive insurance solution.
Who will write a $70-$100k cash value policy on this building and what should it cost?
Quote from @Tony Guardado:
Recently purchased a 4000 square foot commercial office building in Canton Ohio
Looking for an inexpensive insurance solution.
Who will write a $70-$100k cash value policy on this building and what should it cost?
Tony, in this market, the lowest per sq/ft cost an underwriter would allow is probably around $70-$80, that would bring the minimum insured value around $300,000. Good news is office buildings are very inexpensive to insure.
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