Louisiana – Letter: Condo insurance rules wrong

Moss Report-Refined #2

Letter: Condo insurance rules wrongI have tried for years to get FEMA, banks, mortgage lenders and other lending institutions to understand the way they are writing flood insurance policies for condominiums is incorrect. I understand that condominiums are but a small part of the residential community, but these owners are being ripped off by lenders who require them to purchase building flood insurance when they don’t need it.

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