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This clause can keep you from accessing homeowners insurance claim money

This clause can keep you from accessing homeowners insurance claim money

This clause can keep you from accessing homeowners insurance claim money
News from MarketWatch:

By

Personal finance reporter

AFP/Getty Images

A house in the Rockaway section of Queens undergoes repairs on Oct. 24, 2013, one year after Hurricane Sandy.

A pipe bursts in your basement and causes $ 40,000 worth of damage, in addition to destroying treasured photos and heirlooms. Or a tree comes through your roof in a hurricane, making the house uninhabitable. Thought that was bad? Your personal tragedy may become worse.

When you try to collect on your homeowners insurance claim, you might be snared in a clause that banks place in mo…………… continues on MarketWatch

… Read the full article


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