GAA Legislative Call to Action

Posted By: Denise McClary Government Affairs,

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The GAA Government Affairs Team is working on your behalf to advocate for meaningful tort reform during the 2024 legislative session that aims to bring relief to rising insurance costs and premises liability claims. This is a critical issue to our industry and we will need your help educating legislators over the next three months as this issue is discussed in chambers.

We need your help now! Learn more about what tort reform means for our industry and how to help us get relief below!

 

The Problem...
Due to state tort laws that currently support increasingly lucrative premises liability lawsuits, apartment properties are having difficulty securing premises liability insurance coverage. When coverage is available, the premiums are astronomically higher than in other states, with annual cost increases far surpassing other operating expenses and inflation.

The Solution...
We need immediate legislative action to reform Georgia’s state tort laws. For our industry, that translates to supporting changes in law that better define reasonable care and limit damages.

What Happens if Nothing Changes...
• Increased Nuclear Jury Verdicts
• Continued Insurance Premium Price Hikes
• Loss of Liability Coverage Availability—More Insurance providers pull out of Georgia
• Higher Deductibles with Lower Coverage Limits

Ultimately -
Property owners, professional management companies and capital investment will leave Georgia to do business in neighboring states with more favorable legal climates.

 

We Need Your Help!

 

We need your help now more than ever before. Our political opponents on Tort Reform (Georgia’s Trial Attorneys) have deep pockets and an extensive grassroots network. Stay tuned for more reminders and opportunities to get involved with this effort. Every single phone call and email to a legislator matters!

What you can do TODAY:
• Email Your State Legislators! Follow this link to identify your state representative and senator and send them an email with the concerns listed above and your personal stories of insurance rate hikes or difficulty finding coverage. Let them know we need relief NOW!  Be sure to also send notes to these key legislators:
Georgia Lieutenant Governor Burt Jones - burt.jones@senate.ga.gov
Speaker of the House Jon Burns - jon.burns@house.ga.gov

Not Sure What to Say?
Check out our letter template and Tort Reform One Pager!

 

Need help contacting your state legislator or want to learn more about what tort reform means for Georgia's Multifamily Housing Industry? 

Contact Government Affairs Director, Stephen Davis

 

GAA—The Voice of the Multifamily Housing Industry in Georgia
 

Representing an industry that provides homes to millions of Georgians, the professional apartment management members of the Georgia Apartment Association (GAA) directly employ more than 5,000 Georgians, and the businesses that support the industry provide more than 125,000 jobs.

Our members contribute more than $1.45 billion in taxes and other revenue for local governments, and every 100 new apartment homes developed generates an additional $384,000 in taxes and an additional 47 local jobs.

 

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Atlanta Apartment Association

8601 Dunwoody Pl Ste 318

Atlanta, GA 30350-2509


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