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#194975 - 05/27/04 09:39 PM Flood Insurance Policy Deductibles for Condos
Anonymous
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What are the required flood insurance policy deductible amounts for condo's? If no regulatory specific requirements, what internal requirements do Banks have in place or do you follow Fannie/Freddie guidelines?

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#194976 - 05/27/04 09:51 PM Re: Flood Insurance Policy Deductibles for Condos
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,532
Bloomington, IN
Look at page 24 of the Mandatory Purchase of Flood Insurance Guidelines for the minimum and maximum deductibles.
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The opinions expressed are mine and they are not to be taken as legal advice.

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