Per Florida Statute 718.111(11), condo associations must obtain an appraisal at least every 36 months. For a deeper dive into statutory compliance, view our Insurance Appraisal Service Page or read our guide on Replacement Cost Valuation (RCV).

While not strictly mandated by Chapter 720, most carriers require updates every 3 years. Check out our HOA Compliance Blog to see how this impacts your community's premiums.

Standard studies range from $2,500–$10,000, while a SIRS ranges from $5,000–$15,000+. You can see a full breakdown of variables on our Reserve Study Pricing Page or learn about HB 913 financial flexibility.

A SIRS must include roofs, load-bearing walls, fire protection, and more. Review our SIRS Compliance Checklist to ensure your board is meeting the latest December 2024 mandates.

Reports verify features like roof-to-wall connections to trigger insurance credits. Visit our Wind Mitigation Page to see how an inspection can lower your association's master policy premiums.