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Flood Inaurance Coverage on Buildings

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  • #2514
    sfrench
    Participant

    I was recently told by an auditor that based on FEMA guidelines we are required to have seperate policies on each building that is included on the property being used as collateral. Do you have any information to share on this issue?

    #2747
    JGo9
    Participant

    “‚óŹ Detached garages (up to 10 percent of Building
    Property coverage). Detached buildings (other than
    garages) require a separate Building Property policy.”

    See page 2 on the linked PDF below.

    https://www.tdi.texas.gov/consumer/storms/documents/NFIPcoverage.pdf

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