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 ...
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 ...
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 ...
Condominiums — more commonly referred to simply as condos — have appeal if you want to enjoy the perks of homeownership without the responsibilities of major maintenance tasks like repairing a roof.
Homeowners associations (HOAs) generally assess a fee to the HOA members, which is used to manage tasks like snow plowing, lawn mowing or maintaining public spaces. Some of the money collected may ...
Brokers always need to consider the interplay between condo corporation commercial policies, and the personal policies of ...
Do Boca Raton condo owners need their own insurance even if their HOA has a policy? A HelloNation article answers this question by breaking down how HOA insurance works and where individual condo ...
This regularly scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. Please submit your questions to him via email for response in future columns.
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 Citizens Property Insurance Corp. depopulation program’s wheel continues to churn as the company looks to shutter about 400 condominium-association policies. The News Service of Florida reported ...
“Insurance - an ingenious modern game of chance in which the player is permitted to enjoy the comfortable condition that he is beating the man who keeps the table.” - Ambrose Bierce Some may think the ...
On Hilton Head Island, two neighboring condo owners could share the same beachfront views, have similar floor plans but pay significantly different annual rates for their condo insurance. Aside from ...