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The average ROL for a Multi Family liability policy in New York is currently $9.76 per $1,000 of coverage, with a median premium of $6,019 and an average premium per door of $500.
- For 55 units, this suggests typical premiums in the range of $14,300–$27,500, depending on risk factors and coverage specifics.
- The ROL range is wide (min: $0.01, max: $207.03), but most policies cluster between $0.79 and $7.63 per $1,000.
Here's a summary of the latest market overview for NY Multi Family liability:
| Metric | Value |
|---|---|
| Avg. ROL ($/1,000) | $9.76 |
| Median ROL ($/1,000) | $1.95 |
| Avg. Premium | $25,850 |
| Median Premium | $6,019 |
| Avg. Premium per Door | $500 |
| Median Premium per Door | $260 |
Top carriers in this segment include Allied World Assurance, Convex Insurance UK, and Nationwide Mutual.
Note: I could not find comps specifically for 55-unit, pre-1980 buildings in NYC, so these figures reflect the broader NY state Multi Family liability market. I can try to break down by borough or look for recent NYC-specific deals if available.
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