What to Expect in Multifamily Insurance in 2022
February 1, 2022
We are excited to announce that our very own Lauren Lieb has been featured in this quarter’s RENT Magazine! In Lauren’s article, she discusses the ins and out of multifamily insurance and what you can expect in 2022.
“With 2021 behind us, it’s time to look forward and prepare for what lies ahead for the insurance market in 2022. Commercial property insurance rates have risen approximately 9% from the same period in 2020, and general liability rates rose approximately 6%.”
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RENT Magazine is run by the American Apartment Owners Association (AAOA). AAOA is the largest landlord association in the country and they serve the interests of property managers, landlords, apartment building owners, and more. They offer a variety of features that make managing properties more convenient.