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Atul Mathur
  • Rental Property Investor
  • New York, NY
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What percentage of Dwelling coverage should you have for a walls in policy?

Atul Mathur
  • Rental Property Investor
  • New York, NY
Posted Jun 7 2015, 18:25

I'm looking for some feedback/recommendations.   If you have an investment condo, what percentage of it's market value should you have for dwelling coverage in the event of a total loss?   For example, if you have a $300k condo, only the walls in are the landlord's responsibility so how much coverage would be appropriate in the event that the property is completly destroyed?  20% ($60k)?

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