Insight
Florida leads the pack, with some landlords reporting premium increases of 30% to 50% year over year.
Insurance Premiums Up Big Across the Country—What’s Driving the Insurance Crisis?
Summary
Landlord insurance premiums are rising significantly nationwide, with Florida, Texas, and California experiencing the steepest increases due to climate change, inflation, and increased claims. Hosts should review their insurance policies, shop around for competitive rates, and consider risk mitigation strategies to protect their cash flow.
Key takeaway