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I am very sorry for your situation.My policy had previously been cancelled because of non payment. The mortgage company put a forced policy in place and later I got a normal policy that I intended to replace the one that the mortgage company set up.
This is not unusual. Since the lender has an interest in the property, then as part of the mortgage contract
, they want you to have insurance in case the property is damaged. If you do not, it is standard in a mortgage contract that the lender will force their own (normally, at a higher rate) which would add on to the mortgage.The hail damage occurred during the time that both policies have been in effect. Can I file a claim with both insurance companies? If not what should I do?
Technically, you can
. However, someone in your situation should let BOTH of them know that you are filing with both of them. Then they will coordinate and decide which should cover the damage, or, perhaps 50/50.
Not letting them know that you are filing with both policies makes it look like insurance fraud, since you would in essence be asking for twice the coverage.
Ergo, filing a claim with both but also adding a note that a claim has been filed with the other is standard. Then, the two insurance companies should work it out.
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