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  2. 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 ...

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

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

    Condo prices in Florida are dropping while the U.S. average continues to rise. ... Florida insurance costs three times the national average, which clocks in at $1,759 per year for $250,000, ...

  4. '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 average of ... told ABC Action News she’s never seen the Florida condo market experience such ...

  5. 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 ...

  6. Condo HOA fees jumped 60% in South Florida in past 5 years ...

    www.aol.com/condo-hoa-fees-jumped-60-090000798.html

    Broward faced a similar wave of condo costs: HOA fees jumped more than 56% to $613 this year, from $392 over the same three-month period in 2019. ... storm coverage influencing insurers, insurance ...

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

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

    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 ...

  8. Kokua Line: Can state stem condo-insurance crisis? - AOL

    www.aol.com/news/kokua-line-state-stem-condo...

    I am the HOA president of a 7-story, 35-unit condo in the McCully area. From 2021 to 2024, we are facing a 225 % cost in insurance premiums ($35, 000 to $114, 000 ), with a deductible that ...

  9. Condo questions: What's covered under HO-6 insurance and ...

    www.aol.com/news/condo-questions-whats-covered...

    Here's what your Florida condominium association insurance master policy covers versus your own HO-6 policy. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800 ...

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