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If your policy lapses, the insurance company is required to let the lender know your policy is no longer active. Typically, the mortgage company will give you a time frame to secure a new policy ...
A notice of lapse in coverage: If you receive a homeowners insurance policy lapse letter, contact your insurance carrier or agent right away and make any past-due payments. Once you have ...
In some cases, insurance companies have the option to cancel your car insurance policy even if you’re one day late on your payment. Having a lapse in insurance coverage can cost you in various ...
What happens if your insurance lapses in SC?The fine for an insurance lapse in South Carolina is $5 per day, up to a maximum fine of $200 per occurrence. When a car insurance policy is canceled ...
Small business insurance protects your business from unexpected financial losses, including legal claims. For example, if a customer files a lawsuit because they got injured when they slipped and ...
Had Yankey known to tell her insurance agent about her plans, she may have realized she needed different coverage before renovations began. After you start a new home insurance policy, wait at ...
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If the insurance company issuing your annuity goes belly up, your principal and future payments aren’t insured by the federal government, the way bank deposits of up to $250,000 are at FDIC ...