When homeowners run into financial trouble, they often let their hazard insurance lapse.
From the nytimes.com
Most lenders, however, require their borrowers to have an up-to-date hazard-insurance policy.
From the dailyherald.com
Others cover principal, interest, property taxes and hazard insurance up to a specific amount.
From the timesunion.com
If there's any left, buy yourself more hazard insurance.
From the sacbee.com
Lenders usually won't permit credits for the buyers'recurring costs, such as mortgage interest and hazard insurance.
From the latimes.com
The big problem is many mortgage servicers fail to pay the property taxes and hazard insurance on time, thus incurring penalty fees.
From the washingtonpost.com
Insurance can influence the probability of losses through moral hazard, insurance fraud, and preventive steps by the insurance company.
From the en.wikipedia.org
In the mortgage arena, the lender collects, on a monthly basis, one-twelfth of the annual real-estate tax bill and the annual hazard-insurance premium.
From the washingtonpost.com
Another finding indicated the financial risks associated with both private and public hazard insurance are expected to increase dramatically.