Tag Archives: forced-placed

What Is Force-Placed Insurance Coverage?

14 May
What is Forced-Placed Insurance Coverage?

Tucked away in your mortgage, hidden in the small print, is a little surprise that could cost you big, but only if you fail to keep your homeowners insurance premiums up to date. Every mortgage ever written specifies that the homeowner must carry homeowners coverage in certain dollar amounts. In most cases the house must […]