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Why does HomEq Servicing require me to have a hazard insurance policy on my home?

April 26, 2017hazard Home homeq insurance policy require

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Why does HomEq Servicing require me to have a hazard insurance policy on my home?

1 Answer

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Homeowner insurance coverage is required by the terms of your loan documents to protect your interest as well as the interest of the owner of your loan in the event of a loss. HomEq Servicing urges you to contact your insurance agent to verify that your home is adequately insured. Please take the following measures with regard to maintaining your hazard insurance policy.