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Here’s what HOAs in Florida can and can’t do to their residents under the new Florida HOA laws and which HOA rules residents can legally fight.
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Your HOA fees help cover those nice-to-have features, but they also cover an essential must-have: a “master” insurance policy for the property. While individual owners will have a separate ...
New insurance companies in Florida must be approved by the Office of Insurance Regulation (OIR), which reviews the firm's business plan, projections and financial condition. The judgment of the OIR has been questioned because six of the 18 companies licensed to write "takeout" policies between 2007 and 2011 failed, even though Florida had no ...
Homeowners insurance in Florida increased about 40% year over year in 2023—and a whopping 102% during the past three years, according to the Insurance Information Institute. Florida insurance ...
Edison Insurance Company is a Florida-based home insurance company that was founded in 2005. ... but skyrocketing rates in the private market have allowed many homeowners to qualify for coverage ...
HOAs are collecting additional dues to comply with these new requirements. Insurance costs have also skyrocketed throughout Florida for condos and single-family homes, with a Redfin survey ...
July 1, 2024, a Florida new law limiting what HOAs in the state or Palm Beach County can do to their members went into effect. Here are 8 changes to rules.