Discover the benefits of all-in condo insurance that covers communal spaces and internal unit structures, but excludes personal items and renovations.
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.
Hawaii condo owners are seeing dramatic reductions in insurance premiums as state-run insurance products create new ...
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 ...
Q: I live in a highrise condo building. Recently, a sewer pipe burst outside my condo between units. The water caused a substantial amount of water damage to my kitchen and the floors in my unit. The ...
It is common knowledge that homeowners insurance shields the resident from potential financial loss resulting from fire, theft or an accident. When it comes to condos, though, did you know you need a ...
Windstorm insurance coverage would become more affordable and more widely available for Florida’s condominium buildings if a pair of bills recently filed with the Florida Legislature become law. The ...
The collapse of the Champlain Towers South in Surfside, Fla., in June is bringing increased scrutiny to the condominium insurance market. Ninety-eight people died after the building fell, highlighting ...
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 ...
A spokesperson for the association confirmed the total coverage available. There were concerns that insurance policies on Champlain Towers South may not add up to enough coverage for the victims of ...
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 ...