Tuesday, February 14, 2017

Insurance Appraisals for Condominiums and Apartments

 Insurance Appraisals for Condominiums


Florida Law requires Condo Associations to carry Hazard Insurance and sometimes Flood Insurance on the common elements of a condominium such as the building structure, walkways, pools, etc.

Florida Law also requires that Insurance Companies obtain appraisals from qualified, competent professionals to ensure that sufficient insurance coverage is in place to pay for the repair or replacement of structures damaged by natural disasters.

Appraisal fees from national companies start at $1,500 and delivery can take up to 4 weeks but Dan's fees are considerably less.

Turnaround is typically less than (2) weeks. Our service area includes central Florida from Orlando to Tampa to Jacksonville and south to Melbourne and Sarasota.

Florida Law does not require the appraiser to be licensed as a State Certified General Appraiser, only that the person meets certain basic requirements.  

Dan is a licensed State Certified General Real Estate Appraiser, RZ 887 & founder of Central Florida Appraisal Consultants (CFAC), based in Orlando, FL.

As a 30 year trusted veteran of commercial real estate appraisal, Dan Peele provides the highest quality Insurance Appraisals that meet or exceed Citizens Insurance Company requirements and all other insurance providers, please contact Dan for References.

We use the most widely accepted software in the industry and provide a comprehensive & thorough checklist for data input and for use by insurers to ensure that adequate, but not excessive, insurance is carried.


Mr. Peele can be reached at 407-286-5584 or 407-230-1023

or go to his website at www.DanPeele.com