Reaching out again to share an article I thought you may be interested in.
We've all felt the frustration of rising property insurance costs. But do you know what factors contribute to these high expenses?
A huge factor in rising premiums is the high cost of significant weather events that impact a large number of properties across a large region of the country. After a record-breaking year in 2023, last year we saw 27 billion-dollar disasters, racking up a huge financial cost over $180 billion.
It may seem out of your control, butthereare strategies you can use to mitigate the impact – read more below.
"For timeshare resorts, rising insurance premiums are a bitter pill to swallow. However, the news isn't all bad – in fact, we've had success with several destination property clients who have actually seen their premiums go down."