Advice Needed on Co-op Insurance Coverage for 1BR in UWS

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Still-Negotiation892 is in Colorado

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Hey everyone,

My partner and I are in the process of buying a 1-bedroom co-op (around 730 sq ft) on the Upper West Side. While shopping for insurance, Geico offered us coverage of around $160k. This is our first time purchasing co-op insurance, and I’m wondering if this is sufficient.

In the event of a fire or another disaster that wipes everything out, how much would it realistically cost to rebuild/replace everything inside? I’m not sure how to calculate the right amount of coverage.

Any advice from people with experience in co-op insurance would be greatly appreciated!

Thanks!

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Still-Negotiation892

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Colorado

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Posted: 1 month ago
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