Homes that are on or near the water on Long Island , Queens and Brooklyn need a windstorm inspection.
HOUSEMASTER HOME INSPECTION
My name is Matt Kaplan, owner of Housemaster Home Inspection.
Some homeowners are finding it difficult to find insurance coverage near or on the water. I felt this information is important to know in case you come across clients/friends with this situation. You'll need a professional engineer for the inspection. Most homeowners receive a letter from NY State Property Insurance and need to perform this inspection within 60 days.
New York Property Insurance Underwriting Association (FAIR Plan): The plan insures properties where the homeowner cannot find coverage elsewhere. "Extended coverage" includes windstorm coverage. The plan operates on two levels: properties within 1,500 of the shore and in the rest of the state. For properties within 1,500 feet of the shore, windstorm coverage is included, but the owner must have a licensed engineer or architect inspect the property and complete a form verifying that the home has reinforcements that minimize wind damage. If the owner cannot comply, the windstorm coverage is deleted.
Coastal Market Assistance Plan (C-MAP): The C-MAP helps policyholders living along the coast locate an insurer willing to provide homeowners coverage. Homeowners must have made three attempts to secure coverage from the C-MART (insurers in the regular market) before they can apply to the program. Properties must be one-to-four family, owner-occupied homes, located on Long Island's South Shore and the shore areas of Brooklyn, Queens, Staten Island and Long Island's Forks, within one mile of the shore (salt-water ocean, sound, bay or inlet); Long Island's North Shore, the Bronx and Westchester, within 2,500 feet of the shore.
Information Sources:
New York State Department of Insurance: http://www.ins.state.ny.us/
New York Property Insurance Underwriting Association: http://www.nypiua.com/
Coastal Market Assistance Plan (C-MAP): http://www.nypiua.com/cmap.html
Contact: Matt Kaplan
Phone: 800-805-1122
Company: Housemaster Home Inspection
Email: mkaplan@housemaster.com
Web: www.longisland.housemaster.com
Web: www.Queens.housemaster.com
Web: www.Brooklyn.housemaste.com
 |
|
|
Nassau County Home Inspectors & Suffolk County House Inspectors. Annually Tested,Certified Inspectors & Engineers. On site computer report,guarantee, termite inspection included, E&O insured,BBB,NAHI
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
