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re: Gulf Shores/Orange Beach condos - good or bad idea to buy?

Posted on 3/6/17 at 4:09 pm to
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 3/6/17 at 4:09 pm to
When people say the insurance on a beach condo is insane I am just confused. I own a pretty pricey oceanfront place in Florida and my insurance is $2100/year I just paid it and they actually took another $300 off bc I had sprinklers inside and sent them pics. I don't see how a $500k or less condo in orange beach can have ridiculous insurance.
Posted by ynlvr
Rocket City
Member since Feb 2009
4597 posts
Posted on 3/6/17 at 4:14 pm to
My insurance on the island in Gulf Shores increased 80% in 2007. Home was a mile in from the beach, never flooded - Ivan or Katrina. Insurance was over $8,000 for a $500,000 home.
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