Insurance Reminders:
Please remember that Florida Statute requires all unit owners to purchase an “H06” policy for the contents of their condos.
This policy also must have a minimum $2,000 “loss assessment” rider and the condo must be shown as a “certificate holder”.
Please contact your personal insurance agent with any questions. Every year some mortgage holders request insurance certificates for flood, hazard or other coverage on the association property. Some even claim if you don’t have evidence of coverage, they will purchase a policy on your behalf. If you receive a request for any insurance certificates on association property, the quickest way to handle it is to go to www.RanewInsurance.com and click on the button
top request a certificate.
They will need:
1. Name of your condo
2. Your name, address and phone number.
3. Mortgage company name and address listed on the request letter and fax number if noted. (also known as Mortgagee Clause, Usually a P.O. Box)
4. Your mortgage account/Loan number.
5. Note if you want a copy sent to you also.
OR - Submit requests by Fax: 321-722-2158 – Attn: Debra Carey
(You can fax the letter from the mortgage holder. Just verify all of the above information is listed, as they don’t always list your condo name on their letter.) AND remember: You can take advantage of “wind mitigation credits” on your personal “H06” policy. Have your agent e-mail a request for the “mit forms” and you should save $200 to $600 on your policy!