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Updated over 5 years ago on . Most recent reply

David Nino's profile image
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David Nino
  • Rental Property Investor
  • from Moline, IL
  • Member since Dec 6, 2018
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David Nino's profile image
David Nino's profile image
David Nino
  • Rental Property Investor
  • from Moline, IL
  • Member since Dec 6, 2018
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David Nino
  • Rental Property Investor
  • Moline, IL
27
Votes |
39
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Multi-Family and Apartment Investing

6 plex insurance premiums

David Nino
  • Rental Property Investor
  • Moline, IL
Posted

What is the average insurance premium for a 6plex apartment building worth about 150k?

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Ryan Ingram's profile image
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Ryan Ingram
  • Rental Property Investor
  • from Dayton, OH
  • Member since May 9, 2017
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Ryan Ingram's profile image
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Ryan Ingram
  • Rental Property Investor
  • from Dayton, OH
  • Member since May 9, 2017
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Ryan Ingram
  • Rental Property Investor
  • Dayton, OH
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Ryan Ingram
  • Rental Property Investor
  • Dayton, OH
Replied

Insurance is regulated at the state level, so each state has different averages. IL is more expensive than OH. 

Off hand, I know I insure a 3 unit in Chicago for $1700.

Let me know if I can help answer any questions, or if you just want to talk real estate.

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