I am sure we all know and expect our insurance premiums to increase in 2023. Well, that is what is happening. The coverage is hugely expensive, and we are unable to get "full coverage" on our building. We are working with a broker and a few insurance companies to obtain the needed coverage. But from what we know now, since the insurance cost is the largest single item in our budget, our association dues will probably increase in the second quarter of 2023.
AuthorThe messages on this blog are not official postings from Casa Bonita One Association but rather a way for individuals to share information. Some information is from official websites for Bonita Springs, Lee County and FEMA or national news. We also share information from individuals "on the ground". |