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8.14.2 Deductible
The maximum allowable deductible must conform with FHA, VA, Ginnie Mae, Fannie Mae, Freddie Mac and USDA requirements. When a policy provides for a separate wind loss deductible, or if a second policy for wind loss is obtained the maximum deductible...
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Resources > FAQ > CHAPTER-8-FILE-DELIVERY > 8-14-Hazard-Insurance-(1) > 8-14-2-Deductible

8.15 Condominium and Attached PUD Insurance
A multi-peril type of master/blanket policy covering the entire condominium project is required. The policy must provide fire and extended coverage and all other coverage that is normally included. The master/blanket policy covering the common...

Resources > FAQ > CHAPTER-8-FILE-DELIVERY > 8-15-1-Coverage > 8-15-Condominium-and-Attached-PUD-Insurance

8.15.1 Coverage
Coverage amounts must conform with FHA, VA, Ginnie Mae, Fannie Mae, Freddie Mac and USDA requirements.

Resources > FAQ > CHAPTER-8-FILE-DELIVERY > 8-15-1-Coverage > 8-15-1-Coverage

8.15.2 Deductible
The maximum allowable deductible must conform with FHA, VA, Ginnie Mae, Fannie Mae, Freddie Mac and USDA requirements. When a policy provides for a separate wind loss deductible, or if a second policy for wind loss is obtained the maximum deductible...
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Resources > FAQ > CHAPTER-8-FILE-DELIVERY > 8-15-1-Coverage > 8-15-2-Deductible

8.15.3 Name of Insured
The name of the insured stated under each required policy must be similar in form and substance to the following:
“Association of Owners of the {name of condominium} for use and benefit of the individual owners”
{designated...
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Resources > FAQ > CHAPTER-8-FILE-DELIVERY > 8-15-1-Coverage > 8-15-3-Name-of-Insured