Homeowner's insurance question (FHA househack)

[John Vang]

Hi all, I'm in contract on a house hack, using an FHA loan. My lender's telling me that I need to make a one-year, advance payment on the homeowner's insurance to the lender (which holds that one-year payment in escrow). But here's the catch: The lender says I'll still need to make the monthly payment on the (same) homeowner's insurance. Feels like I'm double paying on the insurance. Am I missing something here?

The lender said that this is common for FHA loans? Wondering if anyone has any experience with this or can explain what purpose this serves. Seems like it's a security deposit for the homeowner's insurance. But if I'm paying the full year in advance, why would my lender require me to make the additional monthly payment on the same insurance policy? Any thoughts much appreciated. Thank you!