Personal Finance Advice and Commentary

Thursday, March 08, 2012 3:25 pm
By Polyana da Costa · Bankrate.com

If you have a mortgage, you know your lender requires you to pay for property insurance until the loan is paid in full. But do you know what happens if your coverage lapses or if at some point the lender decides you don’t have sufficient insurance? The lender buys insurance on your behalf and charges