The California Apartment Association is backing proposed reforms to the state’s intervenor process, a system that has delayed insurance approvals and contributed to rising costs for rental housing providers.
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In the News
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California’s rental property owners face an increasingly dire insurance market, the California Apartment Association warned during a recent informational hearing before the state’s Board of Equalization.
California’s rental housing owners face unprecedented insurance challenges The insurance market in California is experiencing significant shifts, creating challenges for rental housing owners. These changes include reduced availability of insurance…
State Farm’s decision to not renew approximately 72,000 property and commercial apartment insurance policies in California is indicative of a larger trend affecting the state’s insurance market. This move, echoed…
California has announced new insurance reforms aimed at improving market conditions for consumers who’ve seen insurance options dwindle in recent months. In a Sept. 21, press release, Insurance Commissioner Ricardo…
Single-family rental owners in California must protect their investments with insurance – here’s why
California’s single-family home rental market has boomed to 1.8 million units, according to Census figures from 2019, fueled by high home prices, limited housing inventory, and lifestyle preferences. While it’s…
As a landlord in California, you know that owning rental property comes with a unique set of risks. From liability for accidents that happen on your property to physical damage…
With a pandemic, a recession, riots, and wildfires, it’s safe to chalk up 2020 as a horrible year for just about everyone. Landlords certainly had it tough. Unpaid rents, rising vacancies, and unreasonable eviction restrictions made operations…
The California Apartment Association this week issued opposition letters regarding three of the most troubling rental housing-related bills of 2020. The bills include AB 1703, which would give tenants and…
