A topic that may emerge during a condominium board/association meeting is insurance. If a board states that unit owners are not required to carry insurance, is that correct? If you were to examine Florida’s existing condominium laws, it does state that all owners must carry insurance for their units, doesn’t it?
The Florida Condominium Act makes the topic a tad confusing. Speaking generally, an association insures the building itself and various parts of it, like the drywall for example. The current version of the statute does not require that unit owners have personal insurance, also known as “HO-6” insurance, however it does state that owners are “responsible” for insuring certain parts of the unit. These include ceiling coverings, hardware, built-in cabinets, appliances, and more. However, the keyword here is ‘responsible’, it is not mandated by the statute.
The reason for the confusion may be due to the 2008 law changes that did make HO-6 insurance mandatory for condominium unit owners. These changes allowed an association the power to “force-place” and purchase and charge a unit owner who did not confirm that they did carry HO-6 insurance. This law was repealed in 2010 however.
If you have concerns about HO-6 requirements, make sure to look over your condominium documents. Though it’s not a common provision, there is a possibility it could be legally enforced.
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