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Updated almost 8 years ago on . Most recent reply

User Stats

41
Posts
7
Votes
Vishal P.
  • Naperville, IL
7
Votes |
41
Posts

Buying 8 Condo Units - Insurance Question

Vishal P.
  • Naperville, IL
Posted

Hello BP,

I am currently in the process of buying 8 condo units under one LLC. Units are located sporadically within the complex. Should I get one property insurance for all or for each unit individually? How much should deductible be for each scenario? How much for business interruption coverage? 6mths? 8mths? What's typical?

On a different topic, how much does it cost to replace a HVAC unit? My condo units located on upper level have HVAC in attic. Price range?

Thanks in advance! 

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