Real Estate Views from St Pete

head_left_image

Property Insurance and Condos

Pinellas County, Florida, has lots of condos, ranging from older over-55 condos that are less than $50,000 to luxury condos that sell in the $millions.  Condo fees are a basic cost of living in any of them, and property and liability insurance on the building are part of that cost.  i.e., insurance costs could force people to move. Citizens Property Insurance Corp, Florida's insurer of last resort, reports an increase of 33 percent in condo insurance in Pinellas County, and coastal condo rates (barrier islands and around) a 259% increase.

Comments

Participate



(optional)
What does the graphic say?