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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. Insurers are dropping HOAs, threatening the condo market

   www.aol.com/finance/insurers-dropping-hoas...

   Insurance problems are driving up the costs of condo living and putting ownership dreams out of reach. ... condos under contract fell 5.5% compared to a year earlier, according to Redfin data ...

4. 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 ...

5. '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 ...

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 ...