To: runningbear
I thought they had Ins. to continue to pay the mortgage. Isn't that covered on their homeowners policy?
746 posted on
06/01/2003 4:05:28 PM PDT by
oceanperch
(Who needs Hollywood Productions when you have Fox Reality TV?)
To: oceanperch
I wouldn't think that applies in this case... (but if someone else knows, please advise..)
758 posted on
06/01/2003 5:02:11 PM PDT by
runningbear
(Lurkers beware, Freeping is public opinions based on facts, theories, and news online.......)
To: oceanperch; runningbear
Isn't that covered on their homeowners policy? Don't think that is covered by homeowners insurance. My lender sells mortgage life insurance. It's pretty expensive, we opt for term life insurance from the same company that has the homeowner's policy to cover the amount of mortgage and some change. Much cheaper. I will say that no payoff on Laci's home has been recorded at this point.
Homeowners policy may end up making a payout to Laci's heirs if they win a wrongful death suit against SP. Didn't OJ's homeowner's policy have to payoff to the Browns and Goldmans?
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