The homeowner insurance woes facing many Americans are having a unique impact on condominium owners, too. Aging condos and deferred maintenance are sending condo insurance premiums soaring through the ...
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 ...
TAMPA, Fla. — Florida's insurance crisis is rapidly trickling its way down from single-family homes to condominiums. Homeowners associations report insurance quotes are skyrocketing, leaving unit ...
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 ...
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 ...
Flood insurance might not be on the minds of your condominium association clients, but here is why it should be. Michelle Newton The 2024 hurricane season rapidly kicked into gear with the arrival of ...
“Insurance prices are not going down. We can hope they don’t rise as much as they have been, but I don’t see a scenario where in two years we’re going to be paying less for insurance. We have to think ...