Property Insurance Is Changing—Here’s What to Expect Next Year

06/12/2024 13 min Episodio 1517
Property Insurance Is Changing—Here’s What to Expect Next Year

Listen "Property Insurance Is Changing—Here’s What to Expect Next Year"

Episode Synopsis

In this episode, we dive into the property insurance crisis sweeping across the U.S., with a particular focus on California, Florida, and the Midwest. From California’s wildfire-induced insurance exodus to Florida’s ongoing struggles with soaring premiums, property insurance costs are impacting real estate investors in unexpected ways. We’ll explore strategies for navigating these challenges, including tips for investors looking to protect their investments and avoid insurance pitfalls. Plus, we’ll discuss the shifting climate risk in the Midwest and how these once-affordable regions are now seeing increasing premiums. Tune in for insights on how to adjust your investment strategies in this rapidly changing insurance landscape.

Keep reading the article here: https://www.biggerpockets.com/blog/property-insurance-is-changing-here-is-how-2025-will-look

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