When you have a mortgage company, they want to make sure that you have insurance covering the property you own. They expect that you will have coverage for your unit, and also, certain coverages for the building itself. Additional coverages such as flood insurance cover the entire building and minimize the financial risk to the entire property – including your unit.
When you receive a letter from your mortgage company asking for renewal information for any building policies, forward a copy to Oahu Surf II’s insurance agency or email them at HO6@insuringhawaii.com.
Mahalo