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#2247152 - 01/04/21 10:05 PM Comprehensive Mobile Home Policy
ckme Offline
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ckme
Joined: Sep 2002
Posts: 248
We have a mobile home as collateral and the insurance is a comprehensive homeowners plus policy that covers all perils, including flood, earthquake, hail, hurricane, etc. Do we need to have the compliance aid statement on these types of policies? We used to document and accept them before the private flood guidance came out.

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Flood Compliance
#2247163 - 01/05/21 02:04 PM Re: Comprehensive Mobile Home Policy ckme
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 80,336
Galveston, TX
Well, requiring the compliance aid statement is a policy decision, or you can accept it under the discretionary basis with the proper documentation.
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