Are all losses covered by this program?

No. Losses caused by the perils referenced above must also meet the following guidelines of the program:

• Damage exceeds 49% of the insurance on the real property, and
• The property is located within the boundaries of a municipality that is participating in the program, and
• The insurance company has no evidence that the insured has hired a licensed contractor for repairs to the property (within 15 days after agreement on final settlement).