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Updated almost 6 years ago,

John Harvell's profile image
John Harvell's profile image
John Harvell
  • Investor
  • from Houlton, Maine
  • Member since Oct 11, 2017
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40
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40
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John Harvell's profile image
John Harvell's profile image
John Harvell
  • Investor
  • from Houlton, Maine
  • Member since Oct 11, 2017
Connect
John Harvell
  • Investor
  • Houlton, ME
40
Votes |
40
Posts
Insurance

ACV or replacement for MF

John Harvell
  • Investor
  • Houlton, ME
Posted

I just purchased a mix used commercial/residential 4400 square foot building. Do you recommend putting insurance to just cover ACV or replacement? Replacement is looking about 892k for a hefty premium. I can go down to 90%, get about $800k coverage for about 2750/year. ACV would be cheap cheap of course. Thoughts?

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