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Message
re: Homeowners Insurance non-renewal...wtf
Posted on 3/16/15 at 4:05 pm to Slickback
Posted on 3/16/15 at 4:05 pm to Slickback
quote:
Slickback
quote:
If you have any equity in the home or any contents, stay away from this. It will be high and they are only insuring their portion. No contents coverage, no liability coverage, and are only insuring the home to the value of the loan. (May not be the case with all mortgage companies, but is definitely the case with some) In Louisiana, Foremost offers a vacant home policy for situations like this. Call an independent agent in TX to discuss.
He already made the decision not to insure it.
1
Posted on 3/16/15 at 5:50 pm to GFunk
What do you mean? His company is dropping him because it's not owner occupied. At least that was my understanding?
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