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Landon Smith's profile image
Landon Smith's profile image
Landon Smith
  • from Mount Pleasant, South Carolina
  • Member since Jan 29, 2017
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Landon Smith's profile image
Landon Smith's profile image
Landon Smith
  • from Mount Pleasant, South Carolina
  • Member since Jan 29, 2017
Connect
Landon Smith
  • Mount Pleasant, SC
3
Votes |
20
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Buying & Selling Real Estate

Insurance Cost/Door - Florida Apartments

Landon Smith
  • Mount Pleasant, SC
Posted Jan 20 2021, 12:34

Hello fellow investors! My investment team is considering an apartment complex in the Fort. Lauderdale area, FL. About 300 units.

We were told that the property insurance and general liability insurance would be about $500/door. But we're hearing from fellow investors the price is more like $800/door. 

Does anyone have any experience with recent pricing for this? This is a newer apartment complex, good quality construction.

Thanks for the help!

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