What is a timeshare? A timeshare is a form of vacation property. Instead of purchasing a vacation home that you cannot use for most of the year, timeshare allows families to purchase a fractional share in a vacation property. This share could be one week per year (i.e. 1/52 share) or more; some resorts offering one week every other year (1/104 share) or four weeks per year (1/13 share). Some timeshares are sold as fractional ownership in a trust that owns one or several resorts.
The type of Property policy “forms:” included in our program are a Basic perils and Wrap perils (e.g. Special Form).
Our program provides protection for buildings.
FORMS / APPLICATIONS
- Application
- Property Supplemental
- Liability Supplemental
SUBMISSION REQUIREMENTS
- Fully Completed ISO or ASI/ACA application within 90 days of effective date
- Fully completed ASI/ACA supplemental (if greater than 10 years old, photos are required)
- Hard copy loss runs (three years + current)
- Copy of current policy term declaration page (if you are agent of record)
- Appraisal or Marshall Swift Boeckh
- Association budget / Plot Plans
- E-mail submissions to submissions@shuw.org or fax to (727) 374-0488
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