by root | Feb 27, 2024 | Insurance
A new report indicates insurance costs are slowing down condo prices in Florida. Redfin is reporting new data shows the rising cost of insurance is driving up HOA fees, slowing demand and lowering prices. “Redfin agents report that Florida’s condo sales...
by root | Oct 23, 2023 | Insurance
Insurance can be a life saver for condos and co-op buildings facing problems such as flooding, accidents, or lawsuits. But it doesn’t come cheap. The cost of a master insurance policy for a condo or co-op building—which covers the building itself, its grounds, and...
by root | Oct 23, 2023 | Insurance
Homeowners associations report insurance quotes are skyrocketing, leaving unit owners — many on fixed incomes — facing steep increases in monthly payments or even special assessments. “Owning a condo is certainly getting more expensive throughout Florida,” said Tampa...