Learn what bare walls coverage involves, how it protects shared spaces in condos, and why condo associations often purchase this essential insurance for multi-family buildings.
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 ...
Anticipating a refinancing offer that could save him $647 a month, Dave Mayers of Jupiter instead got a jolt of reality: The deal was nixed after lenders saw the level of insurance his condominium ...
PALM BEACH COUNTY, Fla. — Condominiums that have failed to complete their milestone inspections are the target of a new bill making its way through state legislation. House Bill 913 aims to block ...
Florida's condo market is experiencing a buyer's market with decreasing prices, but insurance costs remain high, especially ...
Condo building insurance rates are stabilizing five months after the state’s Hurricane Relief Fund began issuing policies to buildings that couldn't secure coverage on the traditional market.
Older condo association buildings, depending on height, proximity to the coast and state of repair may be facing an unaffordable situation. “I thought we were being conservative by budgeting the same ...
Real estate experts reveal 7 U.S. markets where buying a condo in 2026 could be a costly mistake, owing to rising risks and ...
After Rich Engels’ mother died earlier this year, Engels decided to sell her condo unit in Sunrise Lakes Phase 4. He lined up a buyer, but he said the deal fell apart after the lender learned that the ...
A skyline of condominiums and single family homes in the foreground are seen on Monday, May 8, 2023, in Honolulu. The hurricane fund, which operated from 1993 to 2000 in response to insurance market ...
Late last summer, Walt Mooromsky saw a notice posted at his Mira Mesa condominium complex announcing an urgent meeting on the mundane topic of property insurance. The gathering turned out to be ...