Condo owners brace for ‘perfect storm’ of insurance, assessments (FL)

/ Owner - October 25, 2024

Florida condo owners are already facing higher fees to keep up with new safety regulations.  However, many are starting to question whether Florida’s fragile property insurance market can handle back-to-back hurricane damage.  “This year, with these two big hurricanes, we’re anticipating a big increase,” said Pat Hutson, a condo owner in Tampa. “I’m very worried that our monthly dues will not cover the new insurance premium.”    Read the article…………………………….

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