Big Jump in Insurance Costs Strikes Condos

Board members of the Highland Park Community Association in Mission Viejo, Calif., braced last year for a rise in insurance costs.  Yet they were still shocked to receive a quote for over $170,000, which was more than four times what the association paid in 2022. Another 12 insurers declined to offer quotes, because wildfire risk has made insurers less willing to do business in California.   Read the article…………………………….

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