FAQ

Automated Request for Acord Certificates

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Answer

Certificates REQUIRE the latest version Adobe's Acrobat Reader to display correctly on your computer or phone.

Download Acrobat Here

Answer

Enter only the first several characters of the first word of the Association name.

Answer

You will not be able to prepare a Certificate without entering the first several characters of the first word of the Association name.

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No, the management company may handle many Associations. You need the name of the specific Association.

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This information should be available from the unit owner/purchaser or the management company.

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No, you only need to enter the name of the purchaser.

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The Certificate will indicate if coverage is provided on the building. For example - Building Guaranteed R.C. in this case the building is covered.

If the Certificate indicates "No Coverage on Habitational Buildings" there is no building coverage. The coverage is liability only on the common areas.

Answer

Except in a few isolated cases where there is a building amount shown, there is no specific amount of insurance. The coverage is Guaranteed Replacement Cost (shown as Guar.R.C. on the Certificate). The insurance company will replace the building with material of like kind and quality for whatever it costs to do so at the time of the loss.

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If there is a mortgage lender, the Certificate Holder is the lender. If it is a cash transaction, the purchaser is the Certificate Holder.

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This is the name and address of the mortgage lender and this should be shown as the Certificate Holder.

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No, the loan number can be printed on the Certificate for identification, but it is not necessary.

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The name of the Condominium Association. The complete name, street number, street name, city, state and zip code of the unit purchaser.

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No, You may only find it by the Association name and not by location.

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Fidelity and Employee Dishonesty coverage are the same - These are not two separate coverages. The amount of insurance varies by Association.

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No. This is a service provided by Rosenthal Bros., Inc.