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Updated about 4 years ago,

User Stats

56
Posts
5
Votes
Pat L.
  • Real Estate Investor
  • Bergen County, NJ
5
Votes |
56
Posts

Insurance Quotes - Dwelling Coverage

Pat L.
  • Real Estate Investor
  • Bergen County, NJ
Posted

I'm reviewing quite a few insurance quotes for a real estate purposed I'm considering.

While the dwelling coverage (Coverage  A) limits vary in these quotes, the limit in a number of these quotes is around 30% less than the appraised value.

Is these normal? When you buy property insurance for investment properties, do your policies often have dwelling coverage 30% below the appraised value?

I appreciate your help!

PJL

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