Do you mind sharing who the insurer is?
The approximate value of the insurance policy would also be useful but I understand if you don't want to share that. That in itself is complicated because the lender is only interested in securing their interest which is probably less than the total insurable value of the property. I know that replacement value of our home is much higher than the amount is insured for, but it satisfies the lender's interest.
The approximate value of the insurance policy would also be useful but I understand if you don't want to share that. That in itself is complicated because the lender is only interested in securing their interest which is probably less than the total insurable value of the property. I know that replacement value of our home is much higher than the amount is insured for, but it satisfies the lender's interest.