Multifamily Property Insurance in a Hard Market — What Every Apartment Investor Needs to Know

He underwrote the deal, ran the numbers, and felt good about the returns — until insurance came back at double what he budgeted. In today's hard market, that's not a hypothetical. It's happening.

Matt Sudica — chief insurance officer at Obie Risk and the exclusive insurance partner for Think Multifamily — joins Mark Kenney to break down exactly what's happening to multifamily insurance rates right now, what lenders are requiring, and how his team saves thousands on almost every deal before the client ever sees the invoice.

In this episode you'll learn:

•       Why Texas and Florida are in a full capacity crisis — and what per-door premiums look like now vs. two years ago

•       Why the LOI stage is the right time to engage your insurance broker — and why a slightly higher estimate protects you more than a lowball number

•       The three infrastructure red flags that kill or inflate insurance quotes: aluminum wiring, Stab-Lok panels, and poly piping

•       How Matt's team pushes back on lender requirements on every deal — and what that process has saved Think Multifamily clients

•       The seller policy takeover strategy gaining traction in a tight market

•       What post-closing inspections actually look for — and why they can sometimes lower your rate at renewal

Reach Matt at matthew@obierisk.com or 312-877-2692. You can also find him on LinkedIn and Facebook.

Ready to invest alongside experienced multifamily operators? Join us at our next live event at thinkmultifamily.com/event.

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