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? A: Yes. You may be ...
Discover the benefits of all-in condo insurance that covers communal spaces and internal unit structures, but excludes personal items and renovations.
As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...
Learn what bare walls coverage involves, how it protects shared spaces in condos, and why condo associations often purchase this essential insurance for multi-family buildings.
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...
However, the cost of condo insurance can differ widely depending on where you live, the amount of coverage you need and the insurance company you choose. Average condo insurance rates can fall between ...
If you live in a condominium, it’s easy to think that your homeowners association will cover you in the event of a disaster. After all, it manages your lawn care and makes sure that the exterior of ...
Q: Our condo is raising our monthly assessments again, this time claiming that the building’s insurance went up. Since our building has insurance, we are not sure why we need to have our own policy ...
The disastrous collapse of the Champlain Towers South condo in Surfside has panicked condo owners across Florida who fear their insurance policies wouldn’t protect them against a financial catastrophe ...
A condo insurance policy in Florida may cost as little as $20 to $50 per month. However, the cost depends on your condo's location, structure and the amount of coverage you buy. Condo insurance isn't ...
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