Yes, in most cases. Quoting from the FDIC Compliance Manual, dated January 2014 page V-6.4, “Multiple structures that secure a loan located in an SFHA generally must each be covered by flood insurance, even though the value of one structure may be sufficient to cover the loan amount. FEMA does permit borrowers to insure nonresidential buildings using one policy with a schedule separately listing each building.”
Full spectrum services in efficient and professional manner. We recently developed a commercial lot and utilized Herrick & Salsbury for the survey, site plan development and town approval process. There attention to detail and follow through was a breath of fresh air. If you are a first timer or a seasoned developer, search no further. Having used a number of companies in the past for similar services, Herrick & Salsbury is at the very top of the list! Will use again.
Rich TrottThis company is very professional and performs the work in a reasonable amount of time . I have used this company several times and have been pleased With their work.
Kristy HodkiewiczVery happy with the work. Completed on time and on budget.
Leroy MuiseSteve Salsbury went above and beyond the actual work of surveying, when he was asked by attorneys acting for a bank to supply the legal support of a land description. Thank you!
Helen GeilsSteve was excellent to work with and very knowledgeable. He worked thoroughly on my project making sure we had everything in order to obtain the permits needed for my commercial development. Highly recommend their services!
Mike Bradford