This is tricky as I don’t speak insurance agent; when they sent me the acord cert., I asked if it was dedicated flood policy and they said it’s a property policy with additional flood coverage through Travelers....those were her exact words. My comfort zone is NFIP policies, so I’m not sure what I should be looking at. Also, it’s only a cert., as it’s a new policy and we won’t get the declaration page for a few weeks. It’s a commercial building, the coverage looks good, but the accord cert. didn’t include the compliance aid statement…so I don’t know whether to accept it. To make matter worse, time is off the essence, as this borrower waited too long, and we are scheduled to forced place tomorrow, oy.
Thanks for the replies, its appreciated!