Climate Risk and Insurance costs for Multifamily operators

[Mallikarjun Reddy Pateel]

Hello peers, 

recently I was listening to a Podcast that points to climate risk and rising Insurance costs for RE Investors, Houston, and other major TX markets are on this list, and these are the markets we are exploring to add to our Portfolio.  

some of you who have experience with Investing in these markets, what have you seen in terms of significant Insurance costs in the past ? where do you see things going? is it a Potential risk, in the long term?