For the first time since an insurance crisis hit Hawaii condo owners, there is a timeline for state coverage to provide some relief: this June. In recent years, multiple disasters worldwide have pushed up the cost of insurance, and in Hawaii, aging condos also have maintenance and safety issues that made private insurers reluctant to cover them. In many cases, condo associations have chosen to buy less insurance than they need because the owners can’t afford the increased fees, and the lack of insurance affected owners ability to sell or borrow against their properties.   Read the article…………………………….