Yes, this is common with residential condominium in New York. Off my head, there was a loan where we received a primary private flood policy with 9 excess private flood policies (total 10 policies). We had to review all the policies because none of them have the compliance aid statement (what a pain!). The total unit usually does not appear on the policy. What we did was, take the total building coverage amount divided by the total units. If the amount is $250,000 or greater per unit, then you're good to go. Make sure you document everything.