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question about escrow

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evrythng4areason
And then there were 4

Member since 1/10

5224 total posts

Name:
Kayla

question about escrow

so dh is getting nervous with the storm coming this weekend

we added my e-ring to our homeowners, but didn't notify our mortgage company

do we need to? would they be able to deny a claim on our house if we didn't notify them of the e-ring?

tia!

Posted 10/26/12 7:49 PM
 
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ny55angel
car seat tech & geek :-)

Member since 2/06

4346 total posts

Name:
P

question about escrow

In a situation like that they really have nothing to do with each other. Also, if your mortgage is listed on your policy (which it should be) the insurance company is supposed to send them an amended coverage page when changes are made anyway. So technically they should already know about it. again, it wouldnt make a difference though because one has nothing to do with the other. Mortgage companies want to know that you have enough coverage on the structure of the home in case of a loss so they know they're guaranteed their money they lent out.

Posted 10/26/12 11:00 PM
 

Cheeks24
Living a dream

Member since 1/08

8589 total posts

Name:
Cheeks

question about escrow

They are completely separate

Posted 10/26/12 11:50 PM
 

evrythng4areason
And then there were 4

Member since 1/10

5224 total posts

Name:
Kayla

question about escrow

thanks! that's what i told dh, but since this is all new to us he just wanted me to check and make sure :)

Posted 10/27/12 10:04 AM
 
 

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