Property Insurance

This portion of a condo association policy covers that physical value (as opposed to the market value) of all complex buildings, along with other, miscellaneous structures and contents. Property coverage shields the complex against:

  • Fire
  • Water damage (excluding flooding events)
  • Hurricanes and other storms

With the increase in hurricanes and related damage over the last several decades, Florida property coverage premiums have risen enormously for condo associations. Not to worry-Community Associations Insurance of Florida can shop multiple carriers, with access to multiple insurance options to meet the needs of every situation and circumstance.