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

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

    Condo owners must begin reserve contributions in 2025 or 2026. Monthly condo assessment fees jumped by nearly 60% over the past five years in South Florida. Then there are the special assessments ...

  3. 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 ...

  4. A reckoning is coming for Florida's condo owners as ... - AOL

    www.aol.com/news/reckoning-coming-floridas-condo...

    Home prices in Florida have increased 67% since 2020 and homeowners insurance was up 42% last year. ... said she is looking for ways to provide relief to condo owners once Florida’s Legislature ...

  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. Florida lawmakers have ideas to fix the homeowners insurance ...

    www.aol.com/florida-lawmakers-ideas-fix...

    Grants of $1,500 — or $2,500 for those 65 and older — could be used to pay for a mortgage loan or homeowners insurance. Floridians could also apply for grants of equal amounts for an auto ...

  7. Citizens Property Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Citizens_Property...

    The Florida Insurance Guaranty Association board met on March 31 and filed for an emergency assessment of 1% on all Florida property insurance policies. [32] That is in addition to a 0.7% for 2022, a 1.3% assessment from July 1 2022 to June 30 2023, and another 0.7% ending December 31 2023. [32]

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