#5 Multifamily Insurance in California: What Every Investor Needs to Know (2025 Update)

Insurance costs for multifamily and commercial real estate in California have skyrocketed — leaving many investors frustrated and unsure how to move forward. In this episode of SoCal Multifamily Insights, Jack Patel sits down with Zack Iknadosian of INM Insurance Services to break down:- Why premiums keep climbing (even with no claims)- How underwriting has changed in the last 5 years- What updates property owners MUST make to keep policies affordable- The difference between admitted vs. non-admitted carriers- Actionable advice for buyers, sellers, and owners of older properties- Where the California insurance market is heading in the next 2–3 yearsIf you’re an investor navigating today’s tough insurance environment, this conversation will help you prepare and protect your portfolio.👉 Reach out to Zack https://www.inminsurance.com/staff/zack-iknadosian/👉 Reach out to Jack Patel at 213-453-2572About Jack Patel:Jack is a multifamily and hospitality broker in Southern California—and an active investor with 10 units and 2 hotels of his own. He specializes in helping clients buy, sell, and exchange income properties with a focus on 1031 exchanges, value-add strategies, and off-market deals. Serving areas like Long Beach, Bellflower, Lakewood, and beyond, Jack combines hands-on experience with smart investment strategies to help clients build lasting wealth through real estate.🌐 https://longbeachinvestmentproperty.com/contact/📞 (213) 453-2572CA License: BRE No. 019413419