Comments on: How long should I carry homeowners insurance after foreclosure starts?

By: nobrethequeen

nobrethequeen — Wed, 28 Oct 2009 18:45:37 +0000

call the bank where u have the mortgage & ask them this cuz they will tell u how long u have to have this insurance. i think that when u leave then u can let them know that date so u will be reimbursed so good luck.

By: Sue

Sue — Mon, 26 Oct 2009 12:52:17 +0000

You are responsible for all property damage & liability until the day the deed is changed to someone else’s name or the bank’s name. Then & only then should you cancel the homeowners insurance.
Be advised, there is probably a vacancy clause in the homeowners policy. The standard clause is 30 days after the house becomes vacant (unfurnished – one chair does not make a house furnished & no one living there), there is no longer an vandalism coverage.

By: flamered2003

flamered2003 — Sun, 25 Oct 2009 09:56:07 +0000

until your name is off the mortgage. dont take that chance.

By: Stacy

Stacy — Sun, 25 Oct 2009 05:14:38 +0000

Until some other entity assumes ownership.