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Originally Posted by onetwo_threefour
Most condo policies are effectively commercial which is the only kind where you can get flood coverage.
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Yeah, I thought it could be different than the typical residential rules.
Quote:
Originally Posted by onetwo_threefour
Insurance broker friend of mine says that most condos will have it, but it will have very high deductible (think 25k-100k) depending on risk and some locations may be excluded from coverage altogether. The way to check is to look at the insurance certificate you should have received when you bought it and see if flood is listed as one of the insured perils, or call your condo mgmt co. and ask.
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My condo management contact (not a company, just someone the board hired I guess) hasn't even changed their voicemail or updated the website lol, though it could be that person is dealing with their own issues, some communication would be nice but it's not a big deal.
Good point about the insurance, I'll have to see if I can track that down.