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

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

    Florida insurance costs three times the national average, which clocks in at $1,759 per year for $250,000, according to Bankrate. While HOA fees can vary greatly from building to building, the ...

  3. 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 ...

  4. 'I needed to return to work': Florida condo owners face ... - AOL

    www.aol.com/finance/needed-return-florida-condo...

    Per the new Florida law, all three-story-plus condo buildings and at least 30 years old must undergo a mandatory engineering assessment before Dec. 31, 2024. Condo associations must also shore up ...

  5. Florida's condo market looks shaky. Could the bottom fall out?

    www.aol.com/finance/floridas-condo-market-looks...

    The median sales price of a condo in the state of Florida fell 1.3% in July. ... Two of the major factors underpinning the decline — rising insurance costs and still elevated mortgage rates ...

  6. Just what does home insurance cost in Florida ... - AOL

    www.aol.com/entertainment/just-does-home...

    Just what does the average Florida homeowner pay for property insurance? Good luck figuring that out based on wildly varying estimates quoted across the media. About the only thing everyone agrees ...

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

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

    According to data from Condo Vultures, the tri-county area had 12,925 condo associations as of December 2023 — that’s about 26% of the 50,000 condo associations in Florida.

  8. Florida Leads the Nation in Highest Home Insurance ... - AOL

    www.aol.com/florida-leads-nation-highest-home...

    Florida had the highest percentage — 20% — of homeowners paying that annual amount for homeowners insurance in 2023, according to the Census Bureau 2023 American Community Survey, released ...

  9. ‘American nightmare for the average Joe’: Florida residents ...

    www.aol.com/finance/american-nightmare-average...

    An insurance market in crisis. Florida homeowners are paying an average premium of $4,218 for insurance, compared to the U.S. average of $2,777, according to insurance.com. Those averages are ...

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