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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 ...
Homeowners insurance vs. condo insurance. Buying a condo is more similar to buying a home than a co-op. When you buy a condo, you own the unit and likely need condo insurance to insure it properly ...
Many insurers that covered master condo policies pulled back on the market after Surfside,” said Mark Friedlander, Florida spokesman for the Insurance Information Institute, referring to the ...
The crisis in the Florida insurance market. Florida has always been a complex home insurance market. Since 2017, eleven property and casualty companies that offered homeowners insurance in Florida ...
If Florida and the alarming property insurance trends nationwide are any indication, homeowners seeking affordable property insurance shouldn’t expect much help from state governments alone ...
Insurance tips for Florida homeowners. Making plans about where to live based on what might happen 100 years from now is challenging. Wanting to be near family and beautiful scenery is a sentiment ...
Florida is not alone when it comes to property insurance. One in 13 homeowners across the U.S. are uninsured, according to a recent study by the Consumer Federation of America. That's a little ...
SB 348: Insurance Rebate Program for Low-Income Seniors Sponsor: Sen. Lauren Book, D-Davie The leader of the Senate Democrats is also pitching a program to help low-income seniors afford their ...
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