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#2156417 - 12/07/17 03:23 PM Is RCBAP a NFIP policy?
Burgess Offline
Diamond Poster
Joined: Jan 2004
Posts: 1,621
we have a condo owner that presented us with a private policy that states if the property is eligible for an NFIP Policy and there is no such policy then they will only pay the amount of the loss in excess of a NFIP policy limit.
So we have a condo and there is no RCBAP - if a RCBAP is considered a NFIP policy then we are in trouble.
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#2156422 - 12/07/17 03:40 PM Re: Is RCBAP a NFIP policy? Burgess
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,229
Galveston, TX
Yes - a RCBAP is an NFIP policy.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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