By LISA PREVOST BORROWERS who allow their homeowners’ insuranceto lapse will often get stuck with a bill for much more expensive coverage, courtesy of their lenders. Called force-placed or lender-placed insurance, these policies protect banks’ interests when borrowers fail to follow through on the standard loan requirement that they maintain continuous coverage on their home.
Read more %1$sFlood insurance too late for some, helpful for others
After the shocking realization of how devastating flash floods can be, many in our region are starting to clean up and move forward. Some, however, have a little more help than others.
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