Condo homeowners insurance is a little different than insurance bought by the sole owner of a single or multifamily house. Originally from Community Associations Network National
Lenders are becoming stricter on individual unit condo policies because all conforming loans require a policy equal to 20% of the appraised value of the unit. Originally from Community Associations Network National
You need a lawyer, and a good insurance agent to really understand your homeowner’s insurance. That goes doubly for condo homeowner’s policies. Originally from Community Associations Network National
The homeowners’ association at an apartment building in Lauderhill that was left nearly gutted by a fire Friday had canceled its insurance to save costs, according to Lauderhill Mayor Richard Kaplan. Originally from Community Associations Network National
Q: My condominium association has a very comprehensive insurance policy. Our board is recommending that each owner get his or her own insurance coverage. Why do I need to pay for insurance when it’s already paid for by the association? Originally from Community Associations Network National
I am buying a condo. Is there a Federal requirement that a borrower have insurance coverage of at least 20 percent of fair market value on contents in order to qualify for a loan? Originally from Community Associations Network National
For condo owners at the Monaco Beach Club, the five-year anniversary of Hurricane Wilma is a bitter reminder of an insurance claim gone wrong. Originally from Community Associations Network National
For condo owners at the Monaco Beach Club, the five-year anniversary of Hurricane Wilma is a bitter reminder of an insurance claim gone wrong. Originally from Community Associations Network National
Your property management company may be making money off your condo association’s insurance policy. Originally from Community Associations Network National
The insurance company says it paid out money to repair damage to a condominium development caused by a storm, but says the damage actually was due to defects in construction work. The insurance company wants the money back. Originally from Community Associations Network National
