Multifamily Property Insurance Costs Soar 26 Percent Year-Over-Year

By Barbra Murray

It’s no revelation that owners, operators, and developers of multifamily properties have been struggling with rising insurance costs over the last few years, but recent research from the National Multifamily Housing Council indicates that the struggle has reached a new level of intensity. According to NMHC’s 2023 State of Multifamily Risk Survey and Report, the cost […]

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