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.
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 ...
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 ...
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 ...
Florida's condo market is experiencing a buyer's market with decreasing prices, but insurance costs remain high, especially ...
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 ...
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.
Real estate experts reveal 7 U.S. markets where buying a condo in 2026 could be a costly mistake, owing to rising risks and ...
In Louisiana, condominium associations are required to maintain certain types of insurance covering the condominium property, the association and the unit owners. It is important for the board of ...
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 ...
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 ...