Generally speaking, condominium associations have the legal obligation to maintain insurance on all of the condominium improvements, with some exceptions. Chapter 718 of the Florida Statutes (the ...

The homeowner insurance woes facing many Americans are having a unique impact on condominium owners, too. Aging condos and deferred maintenance are sending condo insurance premiums soaring through the ...

DALLAS, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Associa, the community management industry's largest company, is dedicated to helping homeowners associations (HOAs) and managed communities create attractive ...

Condominiums can provide a stable, amenity-induced living experience at an affordable cost. For a number of people and ...

Holly D. Johnson is an award-winning writer and personal finance expert who covers a variety of insurance topics as well as general personal finance. In addition to her articles in Forbes, her work ...

Property insurance costs in Florida continued to rise between the first and second quarters of the year, and condo associations have been hit hardest during that time. The average cost of a commercial ...

HONOLULU (Island News) -- Even before the Lahaina fires, insurance rates had been spiking because of natural disasters, global instability and other risk factors driving up costs. And now, they're ...

Older condo association buildings, depending on height, proximity to the coast and state of repair may be facing an unaffordable situation. “I thought we were being conservative by budgeting the same ...