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Updated over 5 years ago on . Most recent reply

Lucas Duce's profile image
Lucas Duce's profile image
Lucas Duce
  • Member since Jun 17, 2019
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Lucas Duce's profile image
Lucas Duce's profile image
Lucas Duce
  • Member since Jun 17, 2019
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Lucas Duce
48
Votes |
36
Posts
Insurance

Fourplex Insurance Estimate?

Lucas Duce
Posted

Hey BP community,

I have a quick question on insurance prices.  I was wondering how much I can expect to pay for insurance on a $220K fourplex.  I understand that a lot goes into quoting an insurance cost, but I am just looking for a very general estimate for my property analysis while I wait on my insurance dealer to get back to me. For perspective, I was quoted at around $900 for insurance on a $100K duplex that would be in similar condition to the fourplex. Thanks in advance for the help!

- Lucas Duce

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Anthony Wick's profile image
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Anthony Wick
  • Rental Property Investor
  • from Ankeny, IA
  • Member since Aug 10, 2017
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Anthony Wick's profile image
Anthony Wick's profile image
Anthony Wick
  • Rental Property Investor
  • from Ankeny, IA
  • Member since Aug 10, 2017
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Anthony Wick
  • Rental Property Investor
  • Ankeny, IA
3,901
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Anthony Wick
  • Rental Property Investor
  • Ankeny, IA
Replied

@Lucas Duce

Here’s your super general “I don’t know where your property is or anything else” rough quote.

I pay about $92 a month on duplexes worth $275-300k.

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