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Port St. Lucie - Sebastian - Vero Beach St. Lucie, Martin, and Indian River counties (Treasure Coast)
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Old 03-10-2009, 08:36 PM
 
87 posts, read 226,406 times
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Okay, so I got my letter tonight that I need insurance. Do I really need to get condo insurance? What will happen if I don't? There are SO MANY foreclosures in PSL. I moved here from Boca 2 years ago. Anyone know of a insurance agency where I can get the bare minimum insurance for my condo? Should I pay it? I have great credit and would hate a lien. Thanks so much for your help.
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Old 03-11-2009, 12:07 PM
 
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Do you own the condo outright or do you have a mortgage? If you have a mortgage then the bank, being part owner, requires you to get insurance.
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Old 03-11-2009, 10:21 PM
 
Location: PSL FL
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Yeah usually you cant get a mtg without insurance. If you are renting, you don't need it but it's good to have renters insurance because you never know what can happen
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