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Updated over 1 year ago on . Most recent reply
High 4plex insurance cost in GA
Hi,
I'm buying a 4plex in GA and the insurance rate is $400/month! The per-unit price is twice as much comparing to my single-family rental property! Is that standard? Can anyone recommend a good company with affordable rates?
Thank you,
Emily
Most Popular Reply
John Mocker
#1 Insurance Contributor
#1 Insurance Contributor
- Insurance Agent
- Norwalk, CT
Emily,
The rates for rental dwelling coverage is normally can differ based on the number of units Some insurance companies will only insure 1-2 family rentals. You need to focus your comparison on that rental unit (dwelling fire policy is the most common form) and find out the best deal for that property.