Discover the benefits of all-in condo insurance that covers communal spaces and internal unit structures, but excludes personal items and renovations.
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.
In light of the recent condominium collapse in Surfside, Florida, condominium associations may find themselves questioning whether they are adequately insured for catastrophic casualty events and/or ...
The one-two punch of the post-Surfside law designed to require condominium associations to set aside sufficient reserves for structural repairs combined with Florida’s unending increases in insurance ...
BOSTON, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced its acquisition of Statewide Condominium Insurance ...
Condominium Insurance Solutions is a Markham, Ontario-based provider of condominium insurance programs Madison Dearborn made an initial investment in Navacord in 2018 In May of this year, the US ...
“Insurance - an ingenious modern game of chance in which the player is permitted to enjoy the comfortable condition that he is beating the man who keeps the table.” - Ambrose Bierce Some may think the ...
In the years between the collapse of the Champlain Towers South condo building in Surfside and hurricanes Helene and Milton, the average annual insurance premium for condominium owners jumped by over ...
Florida's condo market is experiencing a buyer's market with decreasing prices, but insurance costs remain high, especially ...
An Ephrata Borough condominium association recently saw its property insurance premium soar by more than $73,000, an increase it is passing along to owners of the complex’s 50 units after having to ...