How the Insurance Appraisal Process
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
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
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 […]
Insurance Appraisals Near Fort Lauderdale: Florida Costs, Process & Worth | FPAT
Overview Insurance appraisals near Fort Lauderdale are essential for homeowners, condo associations, and HOAs to ensure accurate property valuation and adequate insurance coverage, especially under Florida Statute §718.111(11)(a), which requires independent replacement cost evaluations every 36 months for condos. With Broward County’s coastal risks like hurricanes and flooding, plus rising construction costs (up 10-20% recently), […]
Condo Insurance Appraisals in Orlando: Guide to Florida Compliance & Coverage | FPAT
FPAT 📞 866.568.7853 Book a Quick Quote Orlando’s Trusted Appraisal Partner Protect Your Community’s Financial Future Whether you’re in Lake Nona, Dr. Phillips, or Downtown Orlando, you’re the guardian of safety. We help you navigate the maze of Florida Statute §718.111(11)(a) with ease and precision. Request a Free Consultation ★ Industry Trusted & Fully Compliant […]
How Often Should a Florida HOA Get a Reserve Study? A 2026 Guide
As a reserve study expert with over 20 years focused exclusively on Florida community associations at Felten Property Assessment Team (FPAT), I’ve watched too many HOAs get blindsided. Picture this: A St. Petersburg HOA gets hit by Hurricane Milton’s storm surge in 2024, then discovers their aging seawall needs $150,000 in immediate repairs. Special assessments […]
Replacement Cost Valuation Reports: A Simple Guide for Florida Condo Owners and the Best Insurance Appraisal Companies
You’re in charge of keeping your building safe and your community happy. But now, your insurance company says you need a replacement cost valuation report. You want to make sure your condo is protected from storms and floods without spending too much or making mistakes. That’s what most folks like you are after – real […]
Essential Guide to Insurance Appraisals for Florida Condos: What Associations Need to Know in 2026
Introduction As a condo association board member or property manager in Florida, navigating insurance requirements can feel overwhelming—especially with rising construction costs and post-Surfside reforms. A condo replacement cost valuation” also referred to as a “condo insurance appraisal” process is crucial for determining the replacement cost of your property, helping you secure fair and accurate premiums and comply with Florida statutes. […]
HB 913 2026 Updates: Florida Weather Impacts on SIRS Reserve Costs & Compliance
As a board member or property manager of a Florida condo association, you’re not just managing a building—you’re safeguarding a community. You want to keep everything running smoothly, meet your insurance demands without drama, and ensure your property stands strong against hurricanes and regulations. But with HB 913 now fully in effect since July 1, […]
HB 913 Florida 2026: New Rules for Condo Associations and Managers
In 2025, Florida passed House Bill 913 (HB 913), introducing significant changes to the regulation of community association managers and management firms. Effective July 1, 2025, this legislation aims to enhance transparency and accountability within the industry, particularly in the wake of increased scrutiny on property management practices. For community association managers, condominium and cooperative […]