HPN Insure

Rising insurance costs, coverage disruptions, and a shrinking number of carriers are creating significant challenges for affordable housing owners nationwide. In response, HPN is determining how a new sector-driven insurance program - currently referred to as HPN Insure - would better meet the needs of nonprofit affordable housing organizations.

This exploration builds on HPN’s experience operating HPIEx, a member-led and member-owned insurance model launched in 2004 to serve affordable housing organizations. HPIEx provides members with Property and General Liability coverage with competitive deductibles, rates based on individual performance, full portfolio coverage, and coverage that is broader than what is typically available in the traditional insurance market.

HPN is seeking input from leaders across the field to assess whether a broader insurance solution supporting nonprofit organizations beyond HPN’s membership could deliver meaningful value to the affordable housing sector. Feedback from nonprofit affordable housing owners and operators will help guide future analysis, design, and decision-making.

We want to hear from you! HPN invites nonprofit affordable housing organizations, including owners and operators of affordable housing portfolios, to share their perspectives on current insurance challenges and potential new approaches to improve outcomes for the sector.

• How current insurance challenges are affecting organizations and their portfolios
• Whether a new approach to affordable housing insurance could improve outcomes
• Which organizational and portfolio characteristics should guide future analysis and design

Interested nonprofit affordable housing organizations are encouraged to complete HPN’s short inquiry form. The form will inform how HPN Insure is structured and modeled to best respond to insurance pressures facing nonprofit housing organizations across the field.

Please contact us at [email protected].