1The “subject of insurance” shall include, but not be limited to, an individual, corporation, partnership, association, or other firm, including developers, contractors or any individual, partnership, corporation or firm engaged in the construction of homes, financing the purchase of real property or lending money upon the security of a mortgage thereon, or engaged in the purchasing or selling of real property for speculation. The 10% limitation in Section 69635.031(1), 70Florida Statute, shall apply as to the “subject of insurance” and not to a specific parcel of real property.