B-4-01: Earthquake or Typhoon Insurance (11/12/2014)

Owned by Kacey Olson (Unlicensed)
Last updated: Nov 21, 2018
1 min read

© Fannie Mae Single Family Servicing Guide

Earthquake insurance is required for

  • insurable improvements of any property securing a mortgage loan in Puerto Rico, and

  • insurable improvements of masonry construction on any property securing a mortgage loan in Guam.

A typhoon endorsement is required for any property securing a mortgage loan in Guam.

See Chapter B-2, Property Insurance Requirements for requirements related to the amount of coverage and maximum allowable deductible.