CalculateRealEstateROI

Multifamily · Guide

Multifamily Insurance

Hardening market — model 30%/yr increases. Master policy + umbrella + flood as needed.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Key takeaways

  • Hardening market.
  • Master policy standard.
  • $5M+ umbrella.
  • Flood + earthquake separate.
  • Annual review with broker.

Core concepts

Master policy

Single carrier covers all units.

Trends

30%/yr premium increases standard.

Specialty

Habitational risk; specialty broker.

Step-by-step framework

  1. 1Specialty broker.
  2. 2Quotes from 3 carriers.
  3. 3Umbrella stack.
  4. 4Annual review.

Common mistakes to avoid

  • Generalist broker.
  • Single quote.
  • No umbrella.

Frequently asked questions

Cost per unit?

$300–800/yr.

Premium trend?

Up 20–35%/yr.

Specialty carrier?

American Modern, Burlington.

Umbrella size?

$5M+.

Action checklist

  • ☐Specialty broker.
  • ☐Three quotes.
  • ☐Umbrella.
  • ☐Annual review.

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