Property Insurance on Quads in Georgia

[Brigitte Garrett]

Hi folks,

It is not easy getting 4-plexes insured. It would be great for us all to share info on current insurers and costs. This information would be helpful to all. Please don’t just take info for your benefit and don’t participate…

We just received our invoice, so I will share first:

Location: Georgia 

Company: Nationwide

Property Type: Quadplex

Annual cost: $2442 per quad  (a 6.2% increase from last year)

Coverage: $370,000 building replacement cost and $1million liability