Home Insurance Forum

Our acreage was burned due to a neighbor's out of control burn pile. No buildings or personal property were damaged. We contacted our insurance company and they helped us file a claim. The neighbor's company settled with us for the loss of trees and damage to our driveway(from fire trucks).
We have received the check, and it is made out to us only. Do we have an obligation to contact our mortgage company about this? Neither insurance company mentioned it at all, and our insurance company has our lender on record.

My lender is asking for flood insurance as I booked the ground floor of a multi-story condo building. Would he insist had I booked a floor in the upper-story? I’m clueless about this so asking from those people who have good hold on this topic. Thanks in advance!

I live here is Nome, Alaska and we all know very well that it’s an earthquake prone zone. Currently I do not have any earthquake coverage. Is it mandatory to get one from the carrier with whom I also have my homeowners?

My husband and I filed a claim against our home owners insurance. The problem is that the previous owner did not install a shower pan in the shower when he remolded and as a result, we have water damage to the bathroom and need a new shower and tile floor installed. We received an estimate, submitted it and now everything is pending approval through the insurance company.

My question is....

My husband and I filed a claim against our home owners insurance. The problem is that the previous owner did not install a shower pan in the shower when he remolded and as a result, we have water damage to the bathroom and need a new shower and tile floor installed. We received an estimate, submitted it and now everything is pending approval through the insurance company.

My question is....

I have renter insurance and lost everything in a house fire. I have received a check with ACV amount but I have full replacement cost so that leave me to a less recoverable depreciation to receive. My problem is I have replaced what I could with the ACV check didn't have enough to replace everything. Can I still request the less recoverable depreciation to replace the rest of my contents? or do I have to replace what I couldn't replace because I ran out of insurance money with my own money to request the less recoverable depreciation?

Is it possible to buy sink hole coverage in Missouri for my home?

I recently shifted from Geico to Farmers. The new one is paid and the old one sent me a refund. Now my lender is saying that I can use some of that refunded amount and send the rest to my escrow account. Would it be harmful if I use some? The amount is $1500 and I need something around $500. Would keeping some hurt my escrow? Please help!!

I’m least satisfied with my insurance company. Our monthly premiums are paid directly from our mortgage company and I just never come to know when the insurance carrier raises the premiums until the policy is paid in full. How many days I have to decide to leave one and join another?

That’s right! Our insurance company dropped us and now the loan officer is saying that they’ll get us a new insurer with far more coverage $200,000. On this day, the house costs $80,000. We purchased it 9 years ago and still bearing the monthly premiums…never had to pay any late fees. It hardly has any equity built in. Is this right? Can they do that?

Last year we had an inspection against a claim. We got the money but not enough to carry out the required fixings. We had a $50,000 deductible.