Broad Housing Coalition Calls on Lawmakers to Address Rising Insurance Costs
This week, a broad coalition of groups representing America’s housing providers, lenders and residents — including NAHB — sent members of Congress and the Biden administration a letter outlining a number of bipartisan policies to address the causes of rising insurance premiums across the nation’s housing market. The letter focused in particular on the significant negative impacts such increases have had on all stakeholders, including, but not limited to, single-family, multifamily, and affordable housing developers, lenders, investors, owners and renters.
Rising insurance costs are one of several factors that are mostly beyond the control of housing providers, driving price increases. The volatility in the insurance market over recent years hinders the ability of housing providers to deliver the housing that is so desperately needed. Because housing costs are a major driver of inflation, addressing insurance and other operating costs challenges in the rental market will also have positive follow-on effects for the national economy.
Ultimately, the primary objective in this letter is to ensure housing providers can meet the long-term housing needs of the nearly 40 million Americans who live in rental homes and continue to foster the growing contributions rental housing makes to our economy and communities throughout the country.
Read the full comment letter.
Latest from NAHBNow
Environmental Issues
Sep 09, 2026
New Agency WOTUS Proposal Would Eliminate 'Wet Season' Concept
The Environmental Protection Agency and U.S. Army Corps of Engineers have announced a supplemental proposed rule offering a new approach to defining “waters of the United States” (WOTUS) under the Clean Water Act.
Awards | Membership | Associate Members Committee
Sep 08, 2026
How Winning an Associate Award Can Benefit You and Your Business
Every year, NAHB honors its top two Associate members for their achievements and essential work in the field with two awards: Associate of the Year and Associate Advocate of BUILD-PAC.
Latest Economic News
Economics
Sep 08, 2026
Single-Family Home Construction Time Declines in 2025
Building a new single-family home took less time in 2025 compared to the previous three years. On average, it now takes 8.8 months from start to finish. That time includes 1.4 months for authorization to start construction and another 7.4 months to finish construction.
Economics
Sep 07, 2026
Shorter Apartment Construction Time in 2025
The average time needed to complete construction of a multifamily building after obtaining authorization edged down in 2025, according to the 2025 Survey of Construction (SOC) from the Census Bureau.
Economics
Sep 04, 2026
Beating Expectations: U.S. Economy Adds 162,000 Jobs in August
The U.S. labor market rebounded in August, with nonfarm payrolls increasing by 162,000 and upward revisions adding 55,000 jobs to June and July. The unemployment rate held steady at 4.1%, as both employment and the labor force participation rate rose over the month.