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November 17, 2022

Outlook 2023: Today’s industry trends will impact next year’s property insurance rates

  • Real estate businesses have an opportunity to reduce their risk and potentially their premium rates by increasing their diligence in risk management efforts.
    Hub International


    High vacancy and inflation rates, rising construction costs and a greater frequency of property claims aren’t going to go away in 2023. For this reason, real estate owners and operators will want to position their portfolios in a way that reduces risk while creating a better risk profile ahead of the 2023 renewal. Here are some of the top trends that will continue into next year and how your business can combat their risks.

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