Mitigating Multifamily Housing Climate Risk & Insurance Costs

What It’s About

Insurance costs for multifamily housing have been rising rapidly in recent years as insurers re-evaluate the risks and costs of climate change and weather-related disasters. How has the risk of flood, fire, wind and other severe weather changed in recent years? What can multifamily developers do to mitigate severe weather risks and reduce insurance costs? What design features are insurers looking at when they price the insurance for a specific project? What design features offer the best return on investment from a severe weather or disaster risk perspective? These and other questions will be addressed in this presentation.