Home Buying in 11209>Question Details

kparinis, Home Buyer in Brooklyn, NY

What is a typical annual insurance cost for a one or two bedroom in Brooklyn?

Asked by kparinis, Brooklyn, NY Tue Jul 10, 2012

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Dear kparinis:

Are you renting or buying? If you are renting or buying a co-op you can get basic renters insurance for about $360.00 per year (or more if you take out additional riders above and beyond the norm). If you are buying property a condo, you will be looking at $800.00 per year up to $1,000.00 for a basic policy on a one or two bedroom.

Contact some insurance agencies and get free estimates. If you need further assistance, contact me and I would be more than happy to help you out. Good luck!

Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
0 votes Thank Flag Link Tue Jul 10, 2012
Hi Kparinis
do you have auto insurance, call you broker they can bundle your insurance and it will be cheaper.
depending on the value you want to insure will get the cost. I pay $500. a month one bedroom
state farm but i only have the minimum.
0 votes Thank Flag Link Tue Jul 10, 2012
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