Your Questions, Our Answers – Personal Condo Coverage

09/28/2024

10:00 am

11:00 am

An hour of agent email questions…such as
*A unit owner’s bank is requesting “walls in” coverage on the binder…what do I do?
*There are three different deductibles on the master policy – how do I determine the Unit owner's coverage?
*The bank is saying Fannie Mae requires 20% of the unit replacement value for the HO-6 dwelling amount, is that true?
*The master policy has a “water damage limited liability” endorsement; can you explain this?
*The property management company wants each unit owner to add them as an additional insured?
* And many more…of course