 |
What is an adequate square foot rate for insurance on a commercial building? |
[Edit] |
Answer
It all depends on what the building is used for, the type of structure (wood frame, metal, masonery), and how many stories. For instance, I just quoted an apartment building of 6 units with a total square footage of 5,400 and the replacement cost coverage came out to $690,000 or approx $1.28 per square foot.
First answer by gary gillen. Last edit by gary gillen. Question popularity: 170 [recommend question]
|
Also see on Answers.com
Research your answer: |
Can you answer other
questions about business insurance?
Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > Commercial Insurance > What is an adequate square foot rate for insurance on a commercial building?
Our contributors said this page should be displayed for the questions below. (Where do these come from ) |
| If any of these are not a genuine rephrasing of the question, please help out and edit these alternates. |
Square foot cost for commercial building in California? How much is a commercial building per square foot in pennsylvania?
