Insurance Crisis Hits Condominium Owners


Florida’s insurance crisis is causing many condominium owners to rethink where the live, according to a poll released Wednesday by association lobbyists. More than 68 percent of those answering an Internet survey for the Condominium Association Leadership Lobby say they or their neighbors are considering selling their units and moving to another state where insurance premiums are lower. More than 22 percent said they could not afford the insurance premiums passed on to them through their condominium association.
Source: www.news-press.com

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