If you sit on a condo or HOA board, here's something worth knowing. It didn't come from Tallahassee. It came from Fannie Mae, and it's already in effect. Fannie Mae just changed how it decides whether a condo building qualifies for
Ever sat in a board meeting and heard someone ask, "Wait, isn't that the association's job to cover?" You're not alone. Insurance is one of the most confusing parts of living in a condo, townhome, or HOA community. Get it wrong,
This year marks Prestar's 20th anniversary, and if I'm honest, writing that sentence still catches me off guard. Twenty years ago, I wasn't picturing an insurance appraisal company serving condominium associations, HOAs, property managers, and insurance carriers across Florida and the
When a condo or HOA board hires a company to perform an insurance appraisal, reserve study, or property inspection, the conversation usually centers on cost, turnaround time, and credentials. One question gets skipped far more often than it should: does the
Florida's House Bill 913 took effect July 1, 2025. Most of the coverage since then has focused on inspections and reserve studies — which means the provision that hits your insurance renewal directly has been flying comfortably under the radar. Right
Who would buy a roll of paper towels at full price if there was a coupon for 30% attached to it? (Silence) This is Florida - we have storms and hurricanes and after this active hurricane season we don’t need a
You have seen countless examples of storm damage in Florida. Let us face it—being on a condominium board is a thankless job (literally, no one thanks you), and you’re not getting paid by the association for it either. Yet, you have
Condo reserve funds are crucial for every condo community. Think of these funds as a savings account for big projects or unexpected repairs that might come up. This money is set aside to make sure your community can handle these costs
Sorry, we can’t afford balconies anymore, and we can’t afford stucco You may not be able to afford to build it back the way it was. In the event of a total loss, if the building is not insured-to-value, the insurance coverage
