Updated 3 months ago on . Most recent reply
Multifamily Property - “Zero claims… so why the non‑renewal or 2× premium?
It’s happening across the market—not a sign your building is uninsurable.
Insurance carriers are pulling back from multifamily —non-renewing even insureds with no claim history or raising premiums forcing insureds to pay more and/or move into surplus/excess non-admitted market.
If this is happening to you and have questions about it, I am a resource.