The Insurance Crisis and It’s Impact on Condominium Associations (GA)

/ Owner - July 8, 2024

There is a nationwide home insurance crisis with condominiums being especially affected. Over the two years, property insurance companies have been trying to navigate steep losses due to inflation, increased insurance construction costs, and catastrophic events such as hurricanes, flooding, and wildfires. Insurers have raised premiums, cancelled policies, refused to renew others and others have stopped writing coverage.    Read the article…………………………….

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