We have a customer who is purchasing a condo unit and has provided an Acord Evidence of Property Insurance listing property and flood insurance. The property insurance section states that the policy is for RCV and the coverage breakdown is $190,000 per unit for 72 units, $380,000 for a duplex unit and $90,000 for a pool house for a total of $14,150,000. For flood insurance it states "Flood Coverage, Replacement Cost 72 Single Units @$150,000 sub-limited per unit with a sub-limited maximum of $5,000,000". The amount of flood insurance is listed as $5,000,000 I have never seen condo flood insurance on anything but a RCBAP so I'm not really sure what to do with this. Is this a private policy and do we have adequate coverage? I don't think we do but I'm not sure.