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  2. Florida homeowners have no choice but to lower condo prices ...

    www.aol.com/finance/florida-homeowners-no-choice...

    Florida insurance costs three times the national average, which clocks in at $1,759 per year for $250,000, according to Bankrate. While HOA fees can vary greatly from building to building, the ...

  3. Is insurance contributing to the condo crisis? Florida ... - AOL

    www.aol.com/insurance-contributing-condo-crisis...

    Condo boards have been hit with higher premiums for their commercial condo association policies — prices increased 6.6% in the second quarter of 2024 compared to the second quarter 2023 ...

  4. Why the Florida homeowners insurance crisis should ... - AOL

    www.aol.com/news/why-florida-homeowners...

    Home insurance rates have soared in Florida, ... Residents there now pay an average of $4,200 per year for home insurance, more than double the national average of $1,700, a stark increase that ...

  5. Rising home insurance rates in Florida could be driving ... - AOL

    www.aol.com/rising-home-insurance-rates-florida...

    Here are four reasons why insurance rates are rising in Florida. ... of Governors approved a double-digit rate hike on Wednesday. The historic average 11.5% increase for homeowners with the ...

  6. Property insurance - Wikipedia

    en.wikipedia.org/wiki/Property_insurance

    In 2006 the average Florida annual insurance premium was $1,386 for a homeowner, one of the highest in the country. [14] In May 2022, Florida lawmakers have signed off on quick fixes to the state's property insurance crisis but critics say the plan pays little attention to the growing threat of climate change. [15]

  7. Experts warn Florida’s condo market could teeter on collapse ...

    www.aol.com/experts-warn-florida-condo-market...

    With condo owners slashing prices up to 40% and interest shifting to single-family homes, the market faces volatility, increased scrutiny and potential contraction as insurance companies raise ...

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