Insight
Insurance premiums are rising rapidly, with increases of 25-50% year over year in some cases, primarily due to an increase in hailstorms and related roof claims.
Landlord insurance premiums are rising due to increased hailstorms and roof claim filings. Hosts should proactively manage their properties to reduce claims and consider higher deductibles to save on insurance costs and accurately assess insurance expenses when evaluating a deal.
Insurance premiums are rising rapidly, with increases of 25-50% year over year in some cases, primarily due to an increase in hailstorms and related roof claims.