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  2. Five ways to fix Florida's homeowners insurance crisis - AOL

    www.aol.com/five-ways-fix-floridas-homeowners...

    How to fix Florida's homeowners insurance. 1. Reduce risks and use more self-insurance, so homeowners have more at stake to protect; 2. ... (One condo I own just had its building coverage go from ...

  3. 'It’s paradise lost': Florida's condo market is floundering ...

    www.aol.com/finance/paradise-lost-floridas-condo...

    The average home insurance cost in Florida is $4,218 a year — almost $1,441 more than the national ... this group may no longer be able to afford their Florida condos in the face of rising ...

  4. Florida remains hot housing destination despite home ...

    www.aol.com/finance/florida-remains-hot-housing...

    The average cost of an NFIP policy in Florida is $958 and the risk-based cost is $2,213 for a single-family home. ... competitive and affordable homeowners insurance market and reduce insurance ...

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

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

    Condo sales, on the other hand, are slow because the cost of both buying and owning a condo has surged. Homeowners insurance in Florida increased about 40% year over year in 2023—and a whopping ...

  6. 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 ...

  7. Homeowners insurance vs. co-op insurance vs. condo insurance

    www.aol.com/finance/homeowners-insurance-vs-co...

    When you buy a condo, you own the unit and likely need condo insurance to insure it properly. However, insuring a condo is more similar to a co-op than a home because you are only responsible for ...

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