7 WAYS YOUR MULTIFAMILY INSURANCE COSTS CAN INCREASE Many property owners assume insurance pricing is driven primarily by their claims history. While past losses certainly have an impact on pricing, underwriters are evaluating more than that when determining whether to offer coverage. If they will offer coverage, what terms will be offered and at what premium? In today's market, carriers take a much closer look at the overall quality of a property's risk profile. Property owners who understand what underwriters focus on will be able to improve their insurability, enhance coverage options, and
potentially secure more competitive pricing. Here is what underwriters are focusing on.
THE AGE OF A BUILDING IS OFTEN ONE OF THE FIRST THINGS AN UNDERWRITER REVIEWS.
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