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Updated about 6 years ago on . Most recent reply
Notification to mortgage lender when taking insurances
I am about to start the renovation of a house I own.
I'll take a builder's risk insurance to get insurance protections during the construction.
There is a mortgage on that house.
I'll have the mortgagee's name on the builder' risk insurance policy I'll take.
Question: Will the insurance provider for the builder's risk insurance notify the mortgage company of the insurance I am taking ?
Thanks.
Most Popular Reply

If they are listed as mortgagee on the policy with their address then yes they will be sent a copy of the policy through mail.