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Updated over 8 years ago,

Matt Lawrence's profile image
Matt Lawrence's profile image
Matt Lawrence
  • Investor
  • from Tulsa, Oklahoma
  • Member since Jan 22, 2013
Connect

User Stats

37
Posts
3
Votes
Matt Lawrence's profile image
Matt Lawrence's profile image
Matt Lawrence
  • Investor
  • from Tulsa, Oklahoma
  • Member since Jan 22, 2013
Connect
Matt Lawrence
  • Investor
  • Tulsa, OK
3
Votes |
37
Posts
Multi-Family and Apartment Investing

How to estimate insurance costs

Matt Lawrence
  • Investor
  • Tulsa, OK
Posted

I have a good idea how to estimate how much my home insurance will cost when buying a SFR - $100k usually around $1500/year, but in seeking our 1st apartment complex, are there any recommendations? I.E., $500k 10 unit property, should I estimate the cost to be 5x of the 100k SFR? $7,500/year? I assume it would be higher but don't have any experience yet on the commercial side.

Any help would be appreciated. 

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