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Condo associations say HOA insurance rates are soaring — leading to higher fees and special assessme

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10 Tampa Bay

Florida's insurance crisis is rapidly trickling its way down from singlefamily homes to condominiums.

Homeowners associations report insurance quotes are skyrocketing, leaving unit owners — many on fixed incomes — facing steep increases in monthly payments or even special assessments.

“Owning a condo is certainly getting more expensive throughout Florida,” said Tampa real estate broker Cristan Fadal.

For more: https://www.wtsp.com/article/money/ec...

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