Navigating the Multifamily Insurance Market in Uncertain Times
We recently asked our property management executives what is keeping them up at night and two things were at the top of the list - staffing and insurance.
As most operators have seen, insurance costs have seen steep year-over-year increases over the last few years, and many are reporting that their renewals in 2023 are by far the highest increases they have ever seen.
There are several underlying reasons for these rate increases, and many are looking to recent and proposed changes in State law to eventually rein in future increases. Until then, the market will be very difficult to navigate.
Join us for this town hall panel style discussion where we will take a close look at the factors behind recent insurance rate increases and strategies companies can employ today to minimize rate increases in the current market.
We encourage all property management professionals to sign up for this very important and timely discussion!
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