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Updated almost 10 years ago,

User Stats

7
Posts
7
Votes
Wayne Tam
  • Hacienda Heights, CA
7
Votes |
7
Posts

What is the reasonable insurance premium for multi-family properties near McAllen TX?

Wayne Tam
  • Hacienda Heights, CA
Posted

I have both 4-plex (2 bedrooms per unit) valued at around $200k and 6-plex (1 bedroom per unit) valued at around $220k properties near McAllen TX and the insurance premium has been sky rocketing the past several years.  I'm now paying about $1700 for my 4-plex and $2000 for the 6-plex and I'm wondering if I'm paying too much.  My home in CA is valued at close to $600k and I only pay about $600 a year for insurance.

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