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Re: What is it about Condos

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Somehow, a million dollar policy for $800k, with the likely settlement more than 3-4 years off seems like a bad use of capital, unless the policy is for $1M plus all court costs.


From the article

"Wrap-policy premiums are much higher. Ten to 15 years ago, a $1 million policy might have cost $20,000 or $30,000. The same coverage today will cost $650,000 to $800,000, Neff said."

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