61% of Multifamily Firms Have Increased Their Deductibles
Date postedJune 12, 2023
In recent years, multifamily owners, operators, and developers have been hit by dramatically rising insurance costs.
According to the National Multifamily Housing Council’s (NHMC) State of Multifamily Risk Survey and Report, 61% of respondents have been forced to increase their deductibles in the past three calendar years to maintain affordability.