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As a condo owner, your insurance needs differ from those of a single-family homeowner. Understanding those differences is key to making sure that you get the maximum Condo Insurance: Four Steps to ...
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Personal flotation devices being worn on a navy transport . A personal flotation device (PFD; also referred to as a life jacket, life preserver, life belt, Mae West, life vest, life saver, cork jacket, buoyancy aid or flotation suit) is a flotation device in the form of a vest or suit that is worn by a user to prevent the wearer from drowning in a body of water.
The Condominium Act requires every association to carry an insurance policy to cover the full replacement value of all structures on the property.
Some insurers call it a coverage form [25] or coverage part. When multiple coverage forms are packaged into a single policy, the declarations will state as much, and then there may be additional declarations specific to each coverage form. Traditionally, policy forms have been so rigidly standardized that they have no blank spaces to be filled in.
An owner controlled insurance program (OCIP) is an insurance policy held by a property owner during the construction or renovation of a property, which is typically designed to cover virtually all liability and loss arising from the construction project (subject to the usual exclusions).
Here's what your Florida condominium association insurance master policy covers versus your own HO-6 policy. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800 ...
The policy jacket, or policy form, is included with the declarations page, and it goes into more detail with policy language, such as exclusions and conditions, as well as definitions of important ...