What you can expect to pay for NYC condo or co-op insurance

/ Owner - May 3, 2024

New York City has never been particularly cheap, and annual insurance costs make living in the city even more expensive for condo and co-op owners.  Condo and co-op insurance—which protects your individual apartment—normally runs several hundred dollars a year. But premiums have gotten more expensive since 2020 thanks to inflation, higher construction costs, and a slowdown in the supply chain, said Loretta Worters, vice president of media relations at the Insurance Information Institute.    Read the article…………………………….

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