Is it mandatory now to have HO6 dwelling insurance in CA?

by gupta_pramod » Sat Oct 31, 2009 05:13 am

Is it mandatory now to have HO6 dwelling insurance of amount equivalent to 20% of appraised value of my residential condo in California? Can my lender force me to buy HO6 insurance after 2-3 months of loan approval?

Total Comments: 3

Posted: Mon Nov 02, 2009 11:58 am Post Subject:

I haven't heard of such a thing as 'mandatory HO6' till now. Also I don't think anyone could force you to buy insurance.

Posted: Fri Jul 16, 2010 12:56 am Post Subject: HO6

Sorry people, it is mandatory nationwide. A class action suit should take care of this. Anyone ready to file one yet?

Posted: Fri Jul 16, 2010 12:57 am Post Subject: HO6

Sorry people, it is mandatory nationwide. A class action suit should take care of this. Anyone ready to file one yet?

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