“Builder’s risk insurance has gone bonkers. You might be looking at $1,500 a door for stick-built units. It’s been increasing like that for the last four or five years,” explains the president of Wisconsin-based Bedford Development and managing principal of K.B. Walker, 𝐀 𝐫𝐞𝐜𝐞𝐧𝐭 𝐬𝐭𝐮𝐝𝐲 𝐜𝐨𝐧𝐜𝐥𝐮𝐝𝐞𝐬 𝐭𝐡𝐞 𝐜𝐨𝐬𝐭 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭𝐢𝐚𝐥 𝐨𝐟 𝐜𝐨𝐦𝐛𝐮𝐬𝐭𝐢𝐛𝐥𝐞 𝐯𝐞𝐫𝐬𝐮𝐬 𝐧𝐨𝐧𝐜𝐨𝐦𝐛𝐮𝐬𝐭𝐢𝐛𝐥𝐞 𝐜𝐚𝐧 𝐞𝐱𝐜𝐞𝐞𝐝 𝟔𝟎% 𝐟𝐨𝐫 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞."specialtycontractor.https://https://lnkd.in/eTZ7_nQN