I am in the process of buying a commercial building in Savannah, Ga and know there is a lot of discussion around “climate change premiums” in relation to insurance. 

For future reference, the agencies will often adjust LTV/DCR by -5% LTV / -.05x DCR for loans involving new agency borrowers with minimal experience / like size AUM / etc. 

This is assuming the rental has been on the market for a while, is priced competitively, and the asset is in good condition.If you aren't getting enough qualified applicants, you can adjust 2 different things; the qualifications or the rental amount. 

I filed a claim.Claim adjuster came out, fire department came out to log it and an investigator that works for a law firm representing the insurance company "Loyd's of London.  

His Screening parameters were not as restrictive. do you need to adjust your screening parameters?

There were comments that the sponsor wrote they did not believe in fixed debt and went with adjusted debt because you lose the chance for rates to go down.

Yes you would honor their leases until they expire, then you can adjust their lease or end the lease so you can renovate the property. 

Maybe 6 years ago, I had a variable rate mortgage with a local lender and rates had dropped but I was not due for a rate adjustment for a few years.

We’ve been exploring CHBO, which is similar to Furnished Finder but connects with insurance adjusters and relocation companies, potentially filling larger rentals faster.

For taxes, if the insurance payout is more than your adjusted basis (purchase price minus depreciation), you’ll have a casualty gain.