Enterprise released a 108-page report titled Curbing the Insurance Spiral: Policy and Practitioner Strategies to Help Stabilize Multifamily Affordable Housing.
The report explores the issues driving insurance challenges for housing providers and offers a framework to help solve them, shining light on ways to reduce property and liability policies through partnership and collaboration.
Practical guidance is shared across the report’s two toolkits:
- Practitioners Toolkit (Page 21): Focuses on how providers can reduce their risk exposure by exploring strategies for working with brokers, making resilience upgrades, and strengthening risk management processes.
- Policymakers Toolkit (Page 92): Outlines levers such as implementing solutions that draw carriers back into the marketplace, creating incentives for mitigating risk, and achieving meaningful reductions to the costs of insuring multifamily properties.
