Hello wonderful coworking community,
I know there’s been lots of discussion about insurance and how to get it.
I’m wondering if anyone would share with me what they pay for insurance, or at least what proportion of your operating budget you expect it to be? I know it depends on tons of factors including location and what uses you’re covering, but I just have no idea if we’re overpaying. We do have a pretty big policy protecting the investment we made in our building. Currently insurance is about 2% of our operating budget, big enough that I want to look at it more closely.
All the best,