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Flood: Multiple Buildings

Answered by: 

Question: 
When a covered loan is secured by multiple buildings located in a special flood hazard area is a policy required on each building.?
Answer: 

If all of the buildings are located in a special flood hazard area a policy is required for each building. FEMA generally does not insure more than one building per policy.
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Learn more about Jack Holzknecht’s webinar
Top Ten Most Frequent Flood Issues

First published on 03/25/2018

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