A recent article that helps clear up some of the mystery behind the new insurance regulations in the Condo Statute. Unfortunately, just as Arron points out “be careful what you wish for”! IT’S STILL A MYSTERY!!!! One part that Arron’s article does not address is air conditioners.  YES!! The new statutes would have condo associations insuring air conditioners. Were not sure what parts of the A/C unit and again why? How do you insure something the association does not own? Would this make the association responsible for repair and replacement also?. I spoke with two different insurance agency’s, one said yes they would write a unit owners policy for the association. The other said err on side of caution and take the insurance out on the A/C units just in case. Anybody have any better advice or words of wisdom?  Click here for Arron’s article and again thanks to Arron Kessler and the Sarasota Herald Tribune.  http://www.heraldtribune.com/article/20081124/ARTICLE/811240310