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HOA Insurance Appraisals | Chapter 720 Compliance Guide

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Talk to an Expert 866.568.7853 HOA Insurance Appraisals: Navigating Florida Chapter 720 Understanding Valuation Requirements for Florida Homeowners’ Associations While Florida Statute 718.111 provides a very specific “36-month clock” for Condominiums, the rules for Homeowners’ Associations under Florida Statute Chapter 720 are often viewed as more flexible. However, this flexibility can be a trap for […]

ACV vs RCV & Insurance Appraisal Terms

A professional desk setup in Florida featuring a rolled architectural blueprint of a condominium, a calculator, a pen, and a magnifying glass focused on a Florida Property Insurance Policy.

Talk to an Expert 866.568.7853 Technical Terms in Association Insurance & Appraisal A Professional’s Glossary for Florida Chapter 718 & 720 Compliance In the complex world of Florida property insurance, the difference between a full recovery and a major budget shortfall often comes down to a few technical definitions. For Board members and Property Managers, […]

How the Insurance Appraisal Process

Infographic showing the insurance appraisal process in Florida with icons for Policyholder Appraiser, Insurance Company Appraiser, and Neutral Umpire leading to a Binding Appraisal Award.

Talk to an Expert 866.568.7853 Disputing an Insurance Settlement? A Guide to the Appraisal Process Understanding the Appraisal Clause for Florida Condo & HOA Boards When a Florida Association receives a settlement offer after a hurricane or major loss that doesn’t cover the true cost of repairs, the Board often feels stuck. However, most commercial […]

Florida Statute 718.111

Header image for an article on Florida Statute 718.111, showing a waterfront condo building next to legal documents, a gavel, and a magnifying glass over an 'Insurance Appraisal Report' with a '36-Month Review Compliant' stamp. The text reads 'FLORIDA STATUTE 718.111 - MANDATORY CONDO INSURANCE APPRAISAL'

Talk to an Expert 866.568.7853 Statutory Insurance Appraisals: Navigating the 36-Month Rule A Board Member’s Guide to Florida Statute 718.111(11) Compliance For Florida Condominium Associations, an Insurance Appraisal (Replacement Cost Valuation) isn’t just a best practice—it is a legal mandate. Under Florida Statute 718.111(11), associations are required to update their replacement cost valuations at least […]

The Co-Insurance Trap

Florida condo insurance policy with a red Penalty Applied stamp, showing a calculator and gavel in front of a coastal condominium building during a storm.

Talk to an Expert 866.568.7853 The Co-Insurance Trap: Why a Low Valuation is a Board’s Biggest Financial Risk By the Felten Property Assessment Team | February 2026 In an era of skyrocketing insurance premiums, it is tempting for a Florida Condo or HOA Board to look for “wiggle room.” Some Boards believe that by slightly […]