RE: Judge rules it was OK for widow to lose home over $6.30 in unpaid interest
April 29, 2014 at 2:14 pm
(April 29, 2014 at 1:42 pm)Chuck Wrote: My insurance agent failed to notify me that his company dropped flood insurance from its services. My mortgage company got wind of it and went out and got the most expensive possible flood insurance to meet the mortgage condition, at 10 times market rate, without informing me. So I am out of $2000.
That's awful. I suppose it's the mortgage company's prerogative to select the insurer and you have no recourse?