When it comes to protecting condominiums and homeowners communities from hurricanes, Florida law may not require as much property insurance as you may think – or need.
These are tough times for shared communities across the state, and the notion of "going bare" — without insurance — to save on costs may sound appealing, but it could leave owners and communities in dire straits should the worst happen.
“Casualty insurance coverage protects property owners from damage to their property caused by acts of God, like hurricanes,” said Ken Direktor, with the firm Becker & Poliakoff, which specializes in community association law. “But there are a lot of things that insurance won’t cover, like what’s inside an owners home.”
via Condo hurricane insurance: Hurricane season should prompt insurance check.