INTERSTATE INSURANCE CO.

Applicant seeks HO-3 coverage for a single-family residence at 1205 Ocean Avenue, Long Beach, NY 11561, with a requested dwelling limit of $650,000. The property is located in FEMA Flood Zone X, indicating minimal flood risk, and does not require mandatory flood insurance.

The property was built in 1998 and has a replacement cost estimate of $680,000 based on current construction costs in Nassau County. Wind exposure is moderate given the property's location 0.2 miles from the Atlantic Ocean shoreline.

The applicant's claims history shows no prior claims in the past five years, supporting a favorable risk profile. Based on the property's risk profile, we recommend standard HO-3 pricing with no additional surcharges or endorsements required.

Recommended annual premium: $2,850, which is competitive for the Long Beach market.