You are required to have enough insurance to cover the lower of either the replacement cost of the home or the remaining principal balance on your loan.

Manage all insurance & tax details for your mortgage.

Jun 13, 2023 ... 6 Types of Insurance for Natural Disasters · 1. Homeowners insurance · 2. Flood insurance · 3. Sewer backup insurance · 4. Earthquake insurance.

Mortgage insurance protects the investor or noteholder if the borrower defaults on the loan. It lowers the investor's risk when funding a home loan.

Feel free to contact us if you have any questions about insurance changes. It's important we're kept in the loop so we can keep your escrow account up to date ...

When a disaster strikes your home, your insurance company may issue an insurance claim check, which can also be called loss draft funds.

Jan 27, 2025 ... The California Department of Insurance has announced that a one-year moratorium on homeowners insurance cancellations and non-renewals will now reach more ...

Aug 8, 2023 ... Flood insurance covers damage from flooding versus damage from other sources, like a leaky washing machine. It is typically a separate policy ...

Nationstar Mortgage LLC is the official name of our legal entity and is the name that needs to be on record with the insurance provider. For escrowed accounts, ...

Sep 12, 2024 ... 1. Register for federal disaster assistance—especially if you're underinsured. To register, visit DisasterAssistance.gov or call FEMA at 800-621 ...