> Condo associations say HOA insurance rates are soaring — leading to higher fees and special assessme
Condo associations say HOA insurance rates are soaring — leading to higher fees and special assessme
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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 owners — many on fixed incomes — facing steep increases in monthly payments or even special assessments.
“Owning a condo is certainly getting more expensive throughout Florida,” said Tampa real estate broker Cristan Fadal.
For more: https://www.wtsp.com/article/money/economy/condo-associations-hoa-insurance-rates/67-10fd6013-ced2-4ac9-869f-9be0822a6899
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