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Why is the State of Louisiana asking to be listed as an additional insured at closing?

April 26, 2017additional asking closing insured Louisiana State

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Why is the State of Louisiana asking to be listed as an additional insured at closing?

1 Answer

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10 Posted

The State of Louisiana is listed as an additional insured so that the state is alerted if and when additional insurance payments are made to a Road Home applicant who has closed on their grant. This information is needed to alert the State to funds that may have been provided to the homeowner that are considered a duplication of benefits provided by The Road Home.