Property insurance costs in Florida continued to rise between the first and second quarters of the year, and condo associations have been hit hardest during that time. The average cost of a commercial ...
In Pembroke Pines, the Heron Pond condo complex’s property insurer halted coverage in April, and the general liability carrier warned it won’t renew its policy when it expires in June. Near North ...
Condominium association insurance coverage, also called a Master Condo Policy, is a type of insurance designed to cover the cost of condo property damage, protecting association members against ...
Owning a condo comes with some great perks — less upkeep to worry about and access to shared amenities like pools, gyms, or common spaces. However, it also comes with financial obligations that can ...
Insurance premiums are increasing for many homeowners, as insurers blame the rising coasts squarely on climate disasters. For HOA owners, the issue is compounded, as their homeowners association fees ...
Central Ohio homeowners wrestling with rising costs now have another one to worry about: homeowners and condominium association dues. Dues are climbing to record heights, driven by insurance, ...
Florida Rep. Vicki Lopez filed a bill that would limit the state’s insurer of last resort, Citizens Property Insurance, to condo associations that are abiding by safety laws passed after the deadly ...
Californians are feeling the pain of a homeowners insurance crisis that has made coverage increasingly difficult to find. Those who live in condominiums and who have homeowners associations are ...
Relief for many Hawaii condominium owners paying sky-high insurance premiums may be available soon under a state program. Administrators of the state’s dormant Hawaii Hurricane Relief Fund are ...
Acting State Insurance Commissioner Jerry Bump joins producer/host Coralie Chun Matayoshi to discuss why property insurance rates are so high, actions taken by the state to respond to the insurance ...
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