When we first introduced you to Thereza Teixeira, she talked about the impact of an $81,000 special levy imposed last year by her condominium homeowners association.

“It’s a huge success,” she told us.

It’s a financial blow she’ll feel for 20 years. But that’s not the only reason the price of her condo has skyrocketed since she bought her Aventura apartment 14 years ago.

“The regular maintenance costs were $700 or $600 when I lived here, now they’re $980,” she said.

A recent analysis of RedFin’s MLS data in 43 of the most populous cities found that average monthly HOA fees for condos in Tampa, Orlando and Fort Lauderdale increased more than 15% year-over-year, while the overall increase was only 6%.

In Miami, premiums rose 5.7% year-over-year, the analysis found. RedFin said that was partly because the average monthly HOA fee there was $835, which was higher than any other metropolitan area they analyzed. The cost of insurance for a condo building is typically included in monthly premiums.

“We have been observing a trend for several years of average year-over-year cost increases of 100 to 500 percent for condominium association policies,” says Mark Friedlander, spokesman for the Insurance Information Institute.

But Friedlander said there is reason for hope as the market for policies covering condominiums grows.

“Citizens offers more coverage for master condominium communities than before,” he said. “One of the new entrants in Florida is an insurer that specializes in master condominium communities. So there are some new companies coming into the market or expanding their footprint to offer master condominium insurance.”

“This is a good thing and this is exactly what we need,” he added.

This week, Miami-Dade Mayor Daniella Levine Cava called on the state legislature to make condo reform a priority in the upcoming session. On Monday, the mayor sent a letter to leaders of the Florida Senate and House of Representatives that said, in part, “The residents of our state are feeling the pressure and we are deeply concerned that these challenges will exacerbate the affordability crisis…”

Last week, Florida’s Senate leader ruled out a special session. After the Surfside tragedy, state lawmakers passed a series of reforms to improve condo safety. The mayor said the legislation was well-intentioned, but many owners could not afford the costs.

Thereza said she had to adjust her budget to offset rising costs.

“We just have to make it work,” she said. “The quality of the building is worth it. It’s a great location.”

Friedlander says you’ll want to make sure you have adequate coverage in the event of a major loss. He suggested having your insurance agent take a look at your homeowners association’s insurance policy to see if there are any gaps you may need to fill with your own homeowners insurance.