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 Survey: Insurance Costs By the Numbers 

  

 Finance Insider

44 The percent of apartment firms requiring residents to have renters’ insurance—a big jump from the 24 percent reported in 2008. The most common limit required is $100,000.

672 The mean average workers compensation premium rate decreased 10 percent to $672 in 2009. The average deductible increased 20 percent and the average retained loss increased 47 percent.

Source: The National Multi Housing Council’s annual Apartment Cost of Risk Survey (ACORS), conducted in Q4 2009 and including responses from 61 firms, supplying cost data for insurance procurement for more than 1 million apartment units

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January 2010 

Volume 34 
Issue 1