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Many commercial real estate owners don’t leverage the strategic value and potential NOI boosting effect of benchmarking. Your current policy may not have been benchmarked in the last 12-24 months and rates change, you may be over-insured, you may be paying more for coverage that is not relevant in your area so you have more risk than someone paying half as much as you. Ideally, you have acquired a property with an existing commercial insurance policy that was inflated by a broker or is outdated, and you can now boost the NOI by benchmarking that policy and changing it the next day after closing on your investment.

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