Can my mortgage holder require to be included as a lienholder of my property in my home insurance? - home property insurance
Mein 2 Mortgage holders want in my townhouse condo insurance are included. Is it legal or can I say no? What options do I have? This does not plan to mention it at Exit 2 mortgage transaction. All units are insured by the company condominium townhouses.
Tuesday, January 12, 2010
Home Property Insurance Can My Mortgage Holder Require To Be Included As A Lienholder Of My Property In My Home Insurance?
6 comments:
Owner confused insurance covers many different things. I do not understand all the intricacies of politics in my house, but my insurance agent of the owners is always a phone call. Try to his attorney or agent in your city to visit. http://www.easyhomeinsuranceguide.com you are able to help.
You are a lienholder, and save their property as collateral for a loan.
You must be enrolled in your homeowners policy.
If a loan, all mortgage companies listed on the check box.
It is not optional.
You must list.
I see a second mortgage on the politics of the time.
The policy covers the property of the side of the device. Their policy does not extend to the interior of the device and the mortgage company has an interest.
There is also a good chance that there is language in your mortgage, which says you need to list.
To them will be your insurance agent information (name, phone number and policy number)
You may 2nd also to the agents and information Mortgage.
Yes, it is legal. Most of the time all they want, sent a certificate. They want to be listed on the master policy.
If there is a condo, refers only to the content, ie the mortgagee demands a copy of the master policy
If there is a condominium, to ensure the structure and can be listed as additional insured, mortgagee, or 2 Mortgage ... Hope this helps
From what I understand, this is an issue with many different answers, is really dependent on the sentence itself, provide an excellent resource for caregivers though.http: / / insurance.online-free. info / Insurance free. htm
Anyone who has a lien. If your house burns down, you deserve it as much as the other creditors paid.
Anyone who has a lien. If your house burns down, you deserve it as much as the other creditors paid.
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