Apartment Insurance Secrets Landlords Never Tell You
Cost Considerations and Savings Opportunities
The cost of apartment insurance varies significantly based on factors like location, property value, and coverage limits. On average, landlords can expect to pay between $500 and $2,000 annually for standard policies2. However, savvy landlords can reduce these costs by bundling policies, increasing deductibles, or qualifying for loyalty discounts. It's crucial to browse options and compare quotes from multiple insurers to ensure you're getting the best deal.