
What to Do When Your Mortgage Company Changes: Update Your Home Insurance Policy
Did you receive a letter saying your mortgage has been transferred to a new mortgage company or loan servicer? If

Did you receive a letter saying your mortgage has been transferred to a new mortgage company or loan servicer? If

If you have a mortgage on your Florida home, review its insurance requirements. If the servicer cannot verify the required

A missed insurance payment can affect a policy’s status. Contact your insurer to confirm payment deadlines, notices, policy status, and available options. Reinstatement is not automatic.

Review insurance eligibility questions for a property in foreclosure, including ownership, occupancy, condition, inspections, documentation, and policy terms. Carrier guidelines vary.

Review available homeowners insurance billing schedules, installment fees, due dates, automatic-payment terms, and mortgage escrow arrangements. Confirm payment details with the insurer or billing provider.