Understanding Force-Placed Insurance Practices in Wyoming: Notices, Charges, and Disputes
Introduction to Force-Placed Insurance Force-placed insurance, often referred to as lender-placed insurance, is a type of insurance policy that a lender obtains on behalf of a borrower, typically when the borrower fails to maintain adequate property insurance coverage. This practice arises primarily in the context of mortgage agreements, where the lender requires the borrower to […]
