𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐯𝐬. 𝐍𝐎𝐈: 𝐓𝐡𝐞 𝐇𝐢𝐝𝐝𝐞𝐧 𝐁𝐚𝐭𝐭𝐥𝐞 𝐌𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐎𝐰𝐧𝐞𝐫𝐬 𝐀𝐫𝐞 𝐋𝐨𝐬𝐢𝐧𝐠 In some markets, insurance costs surpass property taxes and are inching dangerously close to payroll expenses. That’s not just a line item issue—it’s an NOI and exit value nightmare. As premiums soar and coverage tightens, property owners are left playing financial gymnastics, balancing rising deductibles with razor-thin margins. Higher deductibles may lower your premiums but require serious cash reserves to handle the "what if" scenarios. And let’s face it, in today’s climate—natural and financial—that’s more of a "when" than an "if." Key takeaways: Insurance premiums are up 26%-60%, depending on the geography. In disaster-prone areas like Florida, insurance is a leading operational expense. Property owners are forced to trim repairs, payroll, and even defer maintenance. Affordable housing is particularly at risk, with projects stalled due to unaffordable insurance hikes. The path forward? Better risk management, participating in insurance pools, and exploring innovative tools like catastrophe bonds and parametric insurance. https://lnkd.in/ebP-JcYe