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.
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...