Many California homeowners are concerned about their home insurance, and that anxiety ratcheted up when State Farm requested one of its biggest rate increases ever.
Oh, if you can’t get insurance, most all mortgages have a clause that says the bank can pick a policy (usually a really expensive one) and you are forced into it. Wonderful, isnt it?
Oh, if you can’t get insurance, most all mortgages have a clause that says the bank can pick a policy (usually a really expensive one) and you are forced into it. Wonderful, isnt it?
Yeah. I understand this, my question was about what happens when no insurance company wants to insure the property?