Q: I live in a highrise condo building. Recently, a sewer pipe burst outside my condo between units. The water caused a substantial amount of water damage to my kitchen and the floors in my unit. The ...
Owning a condo comes with some great perks — less upkeep to worry about and access to shared amenities like pools, gyms, or common spaces. However, it also comes with financial obligations that can ...
Condominium association insurance coverage, also called a Master Condo Policy, is a type of insurance designed to cover the cost of condo property damage, protecting association members against ...
Hawaii lawmakers are set to consider a series of insurance-related bills during the upcoming legislative session, including ...
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 ...
It is common knowledge that homeowners insurance shields the resident from potential financial loss resulting from fire, theft or an accident. When it comes to condos, though, did you know you need a ...
Hawaii condo owners are seeing dramatic reductions in insurance premiums as state-run insurance products create new ...
Relief for many Hawaii condominium owners paying sky-high insurance premiums may be available soon under a state program. Administrators of the state’s dormant Hawaii Hurricane Relief Fund are ...
Windstorm insurance coverage would become more affordable and more widely available for Florida’s condominium buildings if a pair of bills recently filed with the Florida Legislature become law. The ...
A spokesperson for the association confirmed the total coverage available. There were concerns that insurance policies on Champlain Towers South may not add up to enough coverage for the victims of ...
Property insurance costs in Florida continued to rise between the first and second quarters of the year, and condo associations have been hit hardest during that time. The average cost of a commercial ...
A skyline of condominiums and single family homes in the foreground are seen on Monday, May 8, 2023, in Honolulu. The hurricane fund, which operated from 1993 to 2000 in response to insurance market ...