What types of structures are eligible for coverage in the Citizens Property Insurance?
What types of structures are eligible for coverage in the Citizens Property Insurance?
Covers commercial properties used for residential purposes, including: Apartment buildings. Condominium associations. Continuing care retirement community residential buildings. Homeowners associations (Common property and residential buildings owned by association)
Why does my mortgage company have to endorse my insurance check?
The reason that this happens is because the mortgage company is part-owner in the house, and they have an interest in making sure you take care of it. If you’re married and both on the homeowner’s insurance policy, the check would include both your name and the name of your spouse. May 3, 2017
Can you use insurance money to pay off mortgage?
Can I use the insurance funds from a property damage claim to pay off my mortgage? Yes, if the claim amount exceeds the amount required to pay the mortgage in full.
