Request requirements in writing
Each lender or program may request specific insurance documentation. Ask for the requirements applicable to the case rather than assuming all programs use the same rules.
Compare the documents
Review requested limits, deductibles and endorsements with the agency. Certain conditions may require clarification from the insurer.
Separate coverage from eligibility
Holding a policy does not guarantee condominium certification or loan approval. The relevant entity or program makes that decision and may consider other factors.
General information; not legal advice or a binding offer. All coverage is subject to the issued policy, its conditions, limits and exclusions.