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2. What to do if your homeowners insurance is canceled - AOL

   www.aol.com/finance/homeowners-insurance...

   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 ...

3. What happens when your home insurance lapses - AOL

   www.aol.com/finance/happens-home-insurance...

   If your policy lapses, the insurance company is required to let the lender know your policy is no longer active.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 ...

4. What to do when your car insurance is canceled for a missed ...

   www.aol.com/finance/car-insurance-canceled...

   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 ...

5. Cancellation (insurance) - Wikipedia

   en.wikipedia.org/wiki/Cancellation_(insurance)

   The policy term is the period that an insurance policy provides coverage. Many policies have a one-year term (365 days) but other terms both longer and shorter are used. Policy terms can be for any length of time and can be for a short period when the period of risk is also short or can be for multi-year periods.

6. Lenders' Force-Placed Insurance Policies Cost Homeowners More

   www.aol.com/news/2012-09-11-lenders-force-placed...

   Basically, any time your insurance lapses, you can be force-placed because you promised not to let it lapse. The Problems With Force-Placed Insurance On the surface, the idea of force-placed ...

7. Do you need full-coverage car insurance? What it is, when it ...

   www.aol.com/finance/full-coverage-car-insurance...

   Bundle your insurance policies. Combining your auto insurance with your home, condo or renters insurance as well as motorcycle, boat, recreational vehicle, mobile home or life insurance often ...

8. Actuarial reserves - Wikipedia

   en.wikipedia.org/wiki/Actuarial_reserves

   In the insurance context an actuarial reserve is the present value of the future cash flows of an insurance policy and the total liability of the insurer is the sum of the actuarial reserves for every individual policy. Regulated insurers are required to keep offsetting assets to pay off this future liability.

9. ‘It was devastating’: Texas grandmother’s insurance coverage ...

   www.aol.com/finance/devastating-texas...

   For example, after making updates or additions to your home, you may need to update your insurance valuation. Taking these steps will provide additional peace of mind and limit the risk of ...