bstritt Posted August 28, 2007 Share Posted August 28, 2007 Anyone know what catastrophe designation Shadow Creek Ranch has as far as windstorm requirements go? I have loooked on the state's website, and it lists Pearland as an "Inland II", but the map doesn't include SCR.The reason I ask is because after 2 years in my house in SCR, my mortgage company is now all of a sudden requiring me to have windstorm insurance, on top of my regular hazard insurance. The mortgage company is claiming I am in a "high risk coastal area", and due to recent events (katrina & rita) they are requiring their customers in these high risk areas to be covered, but no one can give me clarification on how they determine that. My thinking is that they are doing it by county, and I think that if I lived in southern harris county, rather than northern brazoria, they wouldn't require it. Anyone else have this issue? Also, I'm curious to see how many others in SCR do have wind and storm. Am I crazy for not having it? USAA has qouted around $1200 per yr through the windstorm pool, where as my mortgage company is saying they will get lender placed insurance for $4600. For those of you who do have it, is your coverage amount the full value of the home & contents, ie, total loss, or do you just have a portion covered, thinking that you will likely only have roof damage, not total loss. Thanks for any info you all can give.Brad Quote Link to comment Share on other sites More sharing options...
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