Our loan would be secured by a single commercial condo unit and its contents, within a 5 unit commercial building. Our applicant has secured sufficient contents coverage. The structure itself is insured through the NFIP in the name of the Condo Association, however, the NFIP building coverage is insufficient. The Condo Association is unwilling to increase coverage to an adequate level. Understanding that a commercial condo unit owner cannot purchase building coverage through the NFIP, could the unit owner instead purchase private flood insurance on the building to supplement the NFIP coverage, in order to arrive at an adequate total amount? Or is the unit owner prohibited from purchasing a private policy on the building?