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Updated almost 3 years ago,

User Stats

26
Posts
5
Votes
Tim B.
  • Rental Property Investor
  • Charleston, SC
5
Votes |
26
Posts

How much building insurance should I have?

Tim B.
  • Rental Property Investor
  • Charleston, SC
Posted

I have 4 condo rental properties in NC, current market value is between $135k and $160k each. I was reviewing my insurance coverage with USAA and the building insurance coverage is between $84-$91k. Is that enough? I'm not sure if it should be for the value of the unit or just a portion of the value, as it seems to be currently.

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