Having insurance to protect your stuff may not be enough. Thereapos;s one more thing you have to do.
Video Rating: 5 / 5
Question by mackenzie b: can a mortgage company force you to buy homeowners insurance though a certain insurance company?
I thought it was legal for them to require you to have homeowners insurance, but not for the mortgage company to decide who you have to buy that insurance through.
Best answer:
Answer by bud68
You can pick your own insurer as long as you carry the required coverage. If you fail to maintain coverage, the lender can force-place insurance.
Know better? Leave your own answer in the comments!
