'Everyone is selling': Florida condo owners feel crush of rising insurance costs

  • by:
  • 04/25/2024
NORTH PALM BEACH, Fla. — The rising cost of home insurance for one Palm Beach County condo is a story that seems to playing out at condos all across Florida.

"It's shocking to watch in a few years to go from under $100,000 to pushing a half a million," Christina Auer said. "It's out of line."

That fast increase in just a couple of years trickles down to the condo residents, who pay for it in their monthly fees.

All of this is happening even after Auer said her building has undergone extensive inspections and improvements.
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