Insurance Inflation Is Outpacing Rent Growth—Here’s How to Regain Control
Insurance Complexity in a Multi-State Portfolio
Wildfire risk in California, hail in Texas, and hurricanes in Florida pushed average investor-grade premiums up 19 % in 2024. Managing dozens of policies manually almost guarantees you’ll miss a renewal or overpay.
Hidden friction points:
- Scattered docs – Policies live in email, Dropbox, and the broker’s portal.
- Coverage mismatch – Different carriers use different forms; umbrella excess doesn’t always sit where you think.
- Auto-renew fatigue – Busy owners accept double-digit increases without remarketing.
A Repeatable Insurance Operating System
- Centralize every binder, endorsement, and loss run in PropTrust’s policy vault.
- Benchmark premiums against our 40-carrier database; flag anything 10 % above market.
- Calendarize obligations: receive 60-, 30-, and 7-day renewal tasks tied to your ops dashboard.
Result: fewer surprises, tighter coverage, and proof to your lender that you run a professional risk-management process.