Condominium Insurance Debate Sees Shifting Rules and Confusion
Northwest Florida condo managers discuss who pays for interior unit damage and high deductibles as Florida law and ISO policy changes reshuffle responsibilities. Key issues include bare walls versus all in coverage, effective dates, and how homeowner and association policies mesh to determine payouts.
MENTIONED IN THIS ARTICLE
Karen MacGrogan
Northwest Florida
Community Associations Institute
Florida
Bob Ross
Florida Association of Insurance Agents
FAIA
Insurance Service
Ross
Destin
Chris Amrheim
Education Department
Alzheim
Tallahassee
Association
Bill O’connor
O’connor Insurance
O'Connor
Cyclists Warned About Single File on Busy Highway 98
Discussion on condo and unit owner insurance gaps cites a case of a damaged boat and condo claim as examples. Experts urge all-risk building coverage and personal injury rider, noting huge deductibles and loss assessments. Many associations have outdated declarations, creating confusion over who pays.
MENTIONED IN THIS ARTICLE
O’connor
Chamber Inquiries Break The Record at Destin
Destin Chamber of Commerce reports record outreach in late March with 591 mailed responses to inquires from 39 states. Anita Krohn notes many inquiries were non-solicited, driven by word of mouth, including first-time interest from California Nevada New Mexico and South Florida. Georgia and Alabama previously knew more about Destin than South Florida.
MENTIONED IN THIS ARTICLE
Destin Chamber of Commerce
Anita Krohn
Kroha
California
Nevada
New Mexico
South
Florida
Georgia
Alabama
South Florida
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