Insurance Costs Trends Becoming a Headache for the CRE Market

Year-over-year insurance cost growth has spiked in recent years. The average cost of insurance tends to be much higher for properties exposed to acute climate risks, but the elevated insurance expense growth rate is largely ubiquitous across the country.

In this report, our experts review the insurance costs trends of over 100,000 properties over the last 20 years. They have summarized trends in insurance rates nationally, identified the markets with the highest insurance costs and rate of cost inflation, and differentiated properties and their insurance costs where modeling suggests the greatest potential damage and business interruption due to acute climate-related hazards. Read more: