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View the latest blog posts from SJR Insurance.
Wednesday, March 16, 2016Prior to July 1 2013 HOA's were not required to carry Crime Insurance or a Fidelity bond. Florida Statute 720.3033 section 5 reads: The association shall maintain insurance or a fidelity bond for all persons who control or disburse funds of the association. READ MORE >>
Tuesday, December 22, 2015Condo Master Policy vs. Unit Owners Policy Master Policy Florida statue 718.111 clearly defines how insurance coverage must be provided under the condominium master policy and the individual unit owner policies. The statute applies to every residential condominium in the state, regardless of the date of its declarations. READ MORE >>
Tuesday, December 8, 2015Understanding your fire protection class One of the tools that homeowner insurance companies use to determine how much you will pay for your homeowner insurance is your fire protection class. Fire protection classes range from 1 – 10. An independent company rates City and County Fire Stations. READ MORE >>
Tuesday, September 8, 2015A condominium is a type of real estate property that also goes by the moniker of condo. This type of property allows a person(s) to purchase an individual unit within a larger complex, build equity and each individual unit holder is responsible for paying their own property taxes. READ MORE >>