Insurance to Value for Multifamily Properties – How Carriers Write Insurance Today

Insurance to Value for Multifamily Properties – How Carriers Write Insurance Today

November 18, 2022By Dan WeinkaufCAT Insurance, Coverage Discussion, News, Property Insurance

Insurance carriers often face challenges from incorrect multifamily property valuations due to outdated information about the properties. As the market has continued to harden throughout 2022, carriers have increased scrutiny of property valuations.     Data from SwissRe demonstrates the gap between insured and actual losses.   How does the insurance gap between insured and