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Updated over 8 years ago on . Most recent reply

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Ganesh Rao
  • Investor
  • Bellaire, TX
0
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How little is too little ?

Ganesh Rao
  • Investor
  • Bellaire, TX
Posted
For a rental condo 2bd 1 ba, how much insurance coverage is too much? What's the minimum amount?

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Dave Van Horn
  • Fund Manager
  • Wayne, PA
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Dave Van Horn
  • Fund Manager
  • Wayne, PA
Replied

The property has to be insured for at least what you have in a mortgage, and it's usually insured higher than that. Your Insurance agent should be able to tell you what's acceptable.

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