State Farm jacking up rates for owners who rent their condos (IL)

Condo owners who rent out their units are in for some sticker shock if their policies are with State Farm.  The Bloomington-based insurance giant is raising its rates 13 percent for such condo-unit owners in Illinois. The increase takes effect April 1 for existing policyholders.    Read the article………….


Tags assigned to this article:
condoinsurancerenters

Related Articles

HOAs: What you need to know about rentals

Q: Can the board limit the percentage of renters in a common interest development? If a certain percentage is reached,

Summit Park (UT) prepping for CC&R meeting

After receiving numerous criticisms about the neighborhood’s new proposed Covenants, Conditions and Restrictions (CC&Rs) both online and via an anonymous

Florida’s Top Community Associations Named in Annual Communities of Excellence Awards

Winners of the annual Florida Communities of Excellence Awards, the only statewide recognition program for condominium and homeowner associations, were