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BlueKentuckyGirl

(452 posts)
3. Mortgages and Insurance
Wed Apr 2, 2025, 04:53 PM
Wednesday

Isn't it necessary to have homeowner's insurance if you have a mortgage on your home? Or is that just true in my state? How will these people satisfy the conditions of their mortgage if they can't obtain insurance? Seems to me, people will see the banks call in their mortgages and they will be out of their homes. This is awful.

Recommendations

1 members have recommended this reply (displayed in chronological order):

This can't be right. Seem very high. I can believe 1 in 8 or 10, Wingus Dingus Wednesday #1
Beware lowered coverage with rising rates. bucolic_frolic Wednesday #2
Mortgages and Insurance BlueKentuckyGirl Wednesday #3
A way to foreclosure Blue Full Moon Wednesday #4
yep BlueKentuckyGirl Wednesday #5
Insurance employees are also taking a beating, as are Agents. Xolodno Wednesday #6
Latest Discussions»General Discussion»Newsweek: Home Insurance ...»Reply #3