>Bear in mind that if you lose your home insurance and don't sign a new policy, a lender can and usually will foreclose upon it. Are you sure this is correct?

>Bear in mind that if you lose your home insurance and don't sign a new policy, a lender can and usually will foreclose upon it. Are you sure this is correct? In this situation, lenders will usually do something called a force-placed insurance: https://www.consumerfinance.gov/rules-policy/regulations/1024/37/ https://www.consumerfinance.gov/rules-policy/regulations/102....