Insurance May Not Cover Damages to Homeowners Association Common Spaces. This is Where Loss Assessment Coverage Comes In

Article Courtesy of The Next Door Advisor By Elizabeth Rivelli Published June 13, 2021 Whether you live in a single-family house, a condo, or an apartment, having property insurance is important to protect your personal items and your liabilities, among other things. …

What you need to know about pending changes to Florida insurance laws

Article Courtesy of The Sun Sentinel By Ron Hurtibise Published May 14, 2021 No one was thrilled with the insurance changes that were passed on the final day of the Florida Legislature’s spring session — not the insurance industry and not consumers’ …

As hurricane season approaches, three insurers are canceling thousands of Florida customers

Article Courtesy of The Sun Sentinel By Ron Hurtibise Published May 20, 2021 As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be …

Citizens home insurance policies soar in Central Florida; higher costs could hit all our pocketbooks

Article Courtesy of The Orlando Sentinel By Trevor Fraser    Published February 11, 2021 State-run Citizens Property Insurance is sounding alarm bells over their rising number of policies it holds in Orange, Osceola, Seminole and Lake counties.  CEO Barry Gilway says Florida’s overall …

Condo and co-op owners need homeowners insurance, but it’s not the same type you’d get for a house

Article Courtesy of The Business Insider By Ronda Lee Published November 13, 2020 Condo HO-6 insurance is a type of homeowners insurance for condo and co-op owners. The major difference between condo and standard homeowners insurance is the dwelling coverage. Although not …

As property insurance costs skyrocket, lawmakers will consider these ideas to keep coverage affordable

Article Courtesy of The Sun Sentinel By Ron Hurtibise Published November 17, 2020 As Florida homeowners recover from shocking cost increases for their next year of insurance coverage, pressure is mounting on state lawmakers to step in and stem the bleeding.     Property …

Florida’s insurer of last resort grows as private market hits capacity. Citizens is back above 500,000 policies for the first time since 2015.

Article Courtesy of The Tampa Bay Times By Jim Turner      Published October 18, 2020 TALLAHASSEE — Homeowners are again starting to flock to the state-backed property insurer of last resort as the private market becomes economically stressed, the president of Citizens Property …

Oak and mahogany trees the root of hazardous sidewalks and rancorous neighborhood battles

Article Courtesy of  The Palm Beach Post By Mike Diamond     Published October 13, 2020 Twenty-eight years ago, it seemed like a good idea for Palm Beach County planners to require developers to install oak or mahogany trees between sidewalks and …

Florida property insurance market is ‘unhealthy,’ Citizens chief warns

Article Courtesy of News Service of Florida By Jim Turner   Published September 27, 2020 TALLAHASSEE — Homeowners are again starting to flock to the state-backed property insurer of last resort as the private market becomes economically stressed, the president of Citizens Property …

Some gated communities are pulling back to slow coronavirus

Article Courtesy of  The Palm Beach Post By Mike Diamond     Published July 31, 2020 With Palm Beach County’s stubborn trend of COVID-19 cases, some age-restricted gated communities west of Boynton Beach and Lake Worth are again going into shut-down mode.  …