Q: My insurance company just told me it will not renew my homeowners policy, and a few days later, my mortgage company warned that it will buy “lender-placed” insurance if I do not show proof of a new ...

Jeff Somers is a freelancer who has been writing about writing, books, personal finance, and home maintenance since 2012. When not writing, Jeff spends his free time fixing up his old house. He has ...

Learn about mortgage insurance, its role in protecting lenders, and the various types, including private mortgage insurance ...

It’s called force-placed insurance, and your mortgage contract gives your lender the right to protect its interest by putting one on your property if you let your policy lapse. It’s expensive — as ...

Learn the impact and consequences—and what to do next If you have a mortgage on your home, your lender probably requires you to have homeowners insurance. Insurance companies sometimes cancel existing ...

Commercial real estate distress has been on the rise as more property owners struggle to stay current with their loans. But the rising cost of insurance is adding a new threat for small landlords: ...

Q: My insurance company just told me it will not renew my homeowners policy, and a few days later, my mortgage company warned that it will buy “lender-placed” insurance if I do not show proof of a new ...