Alex Cavenaugh served as his condominium board's president for twenty years without a single serious complaint. Then a hurricane damaged three of his community's eight buildings, the insurance check came in $600,000 short, and a homeowner named Marcy Wideman sued the
Short answer A Florida condo insurance appraisal determines the replacement cost value of your buildings so your master policy coverage limits are set correctly. A reserve study determines how much money your association should save for future repairs. A structural integrity
There's an add-on to your association's master insurance policy that most board members have never read and never asked about. It's called inflation guard. As of this year, the lending rules no longer require it. That sounds like a small technical
In July 2026, Florida's Office of Program Policy Analysis and Government Accountability published Report 26-04, Milestone Inspection Reporting Data 2024 and 2025. It is the first statewide look at Florida milestone inspection data, and read as a board member or a
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
