Force Placed or Lender Placed Insurance
Shapiro Haber & Urmy LLP is investigating and prosecuting cases concerning banks’ practices of forcing borrowers to purchase more hazard (fire) insurance or flood insurance than they are obligated to have under the terms of their mortgage or deed of trust. If your bank has increased the amount of hazard or flood insurance it is requiring you to have compared to the amount you were previously required to have, or if the bank has force-placed hazard or flood insurance on your property, we would be interested in discussing this with you. Please call us at (617) 439-3939 or 1-800-287-8119, or click here to contact us through our website.