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Tag Archives: settlement check

Why is the Mortgage Company’s Name on My Insurance Check?

Posted in Insurance, Insurance Policy, Uncategorized

Policyholders are often shocked to learn that the loss settlement check they receive from the insurance company is payable not only to the policyholder, but to their mortgage company as well. ¬†¬†Homeowners insurance policies are broken down into several types of coverage – whether for the building, personal property, liability, alternative living expense, or other… Continue Reading