How to estimate adequate insurance coverage for a condo?

[J.Michael Edwards-Toepel]

Hello!

I am in the process of buying a condo as a primary residence, and in my conversation with my insurance agent about loss coverage, I had no idea what level of coverage to assume. I realized immediately that cost / sq ft norms for my area aren't necessarily a good measure, as they are assuming a free-standing residence, and not making a burned out condo whole.

Unfortunately, my agent admitted he had no idea how to estimate it either.

Does anyone have any ideas on how to approach this? The last thing I want to do is insure the condo for $90k as he suggested in his quote, only to find if something goes FUBAR that it'll take $110k to actually get to whole.

The condo is just shy of 1,200 square feet in the Old Town area of Scottsdale, AZ. I'm more than willing to do the leg work to estimate based on any principles you might be able to provide, but if any other info will help let me know and I'll give you what I can.

Thanks!!!