Coverage A – Building Flood Coverage for Co-ops under the NFIP
Coverage A provides building coverage for the insured building and its foundation, as well as plenty of items inside, but NOT improvements made by a shareholder. The below is insured under Coverage A – Building Property coverage for a Co-op:
- Insured building and its foundation
- Electrical and plumbing systems
- Water heaters
- Central air conditioning equipment, furnaces, and ventilating equipment
- Permanently installed carpeting over an unfinished floor
- Permanently installed paneling, wallboard, bookcases, and cabinets
- Pumps and machinery for operating pumps
- Awnings and canopies
- Walk-in freezers
- Outdoor antennas and aerials attached to buildings
- Fire extinguishing apparatus and fire sprinkler systems
