Insurance premiums are increasing for many homeowners, as insurers blame the rising coasts squarely on climate disasters. For HOA owners, the issue is compounded, as their homeowners association fees ...
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 ...
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 ...
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 ...
TAMPA, Fla. — Florida's insurance crisis is rapidly trickling its way down from single-family homes to condominiums. Homeowners associations report insurance quotes are skyrocketing, leaving unit ...
“Insurance prices are not going down. We can hope they don’t rise as much as they have been, but I don’t see a scenario where in two years we’re going to be paying less for insurance. We have to think ...
When we first introduced you to Thereza Teixeira, she talked about the impact of an $81,000 special assessment that was imposed by her condo HOA last year. “It’s a huge hit,” she told us. A financial ...
Flood insurance might not be on the minds of your condominium association clients, but here is why it should be. Michelle Newton The 2024 hurricane season rapidly kicked into gear with the arrival of ...
HONOLULU (HawaiiNewsNow) - Hawaii has launched a program designed to end the insurance crisis for condo owners. The governor signed a new law that will put two existing insurance funds in place for ...
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