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Updated 11 months ago on . Most recent reply

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May Rodriguez
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Options for Protecting asset - forced placement insurance?

May Rodriguez
Posted

Hello, I am a private lender. My mortgagor's insurance only covers dwelling replacement. How do I protect my investment as the loan amount is more than the replacement cost of the property? I have looked at forced-placement insurance but the ones I have found only cover commercial properties. Property is in Florida.

Thank you 

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