Insurance

Condominium Association’s Property Insurance Policy


The statutes and laws in the state of Florida that govern Condominiums and Insurance, are very specific as to what the unit owner’s responsibilities are and what the Condominium’s responsibility are. It is standard practice and highly recommended that unit owners and tenants purchase insurance for the contents and interiors of their home. The condominium insurance policy only covers the common areas.

 

The best way to understand what the responsibility of the Association is; is to know what is NOT covered by the Association’s property policy. According to Florida Law (F.S 718.111 (11)(f)3) the Association’s policy must exclude:

 

·         All personal property within the unit (clothes, computers, electronics etc.)

·         Floor, wall and ceiling coverings

·         Light fixtures

·         Electrical fixtures, appliances, water heaters, water filters, built-in cabinets and counter tops

·         Curtains, drapes, blinds, hardware, and similar window treatments

 

Such property and any insurance thereupon is the responsibility of the unit owner or tenant.

 

There are several affordable personal insurance policies available to cover the above-mentioned property. These policies provide liability coverage to provide payment for negligent acts against a Third Party’s property or bodily injuries. You are not required to purchase insurance by law, and by not having insurance you choose to self-insure (meaning paying out of your own pocket).


Certificate of Insurance | Evidence of Insurance Request

We have partnered with EOI Direct to process our certificates of insurance. EOI Direct provides around

the clock online access to evidence of insurance information for lenders, mortgage brokers, closing

agents, realtors and homeowners in need of a certificate of insurance or master policy data for community

associations insured through our office. EOI is an online internet facility developed to simplify and

automate the process of delivering property insurance certificates within minutes at any time, including

holidays.

To request a certificate of insurance or to view the policy coverage listed on a particular certificate, please

visit www.eoidirect.com. If you are a first time user, follow the links to register and write down your User

ID and Password so you can log into your account when prompted. There is a delivery charge for new or

refinanced mortgages, but there is no cost to register for this service and master policy information is

available free of charge online.

Once logged in to your account, click on "Evidence of Insurance" to search and access the association’s

policy information you are seeking. Customer service is available from 9:00 a.m. to 8:00 p.m. (EST)

Monday through Friday to provide additional assistance. The call center's toll free number is

1-877-456-3643.

If you prefer not using the online facilities, EOI Direct can assist you over the phone. Please have all the

appropriate information for your unit, lender and mortgage, and call EOI toll free at 1-877-456-3643

between 9:00 a.m. and 8:00 p.m. (EST) Monday through Friday.