Here is my problem... My wife recieved chiropractic care 2 and a half years ago. The doctors had said her insurance covered her in full. Now, they are claiming we owe them over $4900 for the care she ...
I am in the middle of trying to purchase a home all looks like it is going to go threw just fine. I was told to start looking for Home owners insurance, easier said than done as I am finding out...<...
Benefits coordinators initially said that my mother could have no beneficiaries for my Dad's pension that she was to receive; however, she died just weeks after he passed. It seems that there ...
my friend is disabled... seizures and a lung disorder that has affected her brain. she worked part time for many years as a music teacher, but now has trouble with numbers, memory, and reading at an ...
and you had houseing insurance and the check came in both u and your husbands name and the only reason he even told u was because your name was on the check and he feels as thow the check was his ...
I work for a non-profit organization and HR just recently enrolled me in a Accidental death & life insurance policy after almost two years of working there. HR stated that they simply forgot to ...
If I add someone onto my car insurance policy and that person gets in an accident, will my rate climb. If it does can I remove that person from my policy to keep my rate the same....
I was hit and injured while I had the right of way on a road by an underinsured driver. We are both insured by the same company. My motorcycle suffered damages assessed by my authorized Honda ...
I was rear-ended by a tractor-trailer at a low speed (10 mph). There was only about $900 damage to the bumper of my SUV. I went to the emergency room and had x-rays and went to a chiropractor for 8 ...
have been married to a man with 3 children from a previous marriage two of his own and one adopted.Three months ago i received a notification from his life insuerer company that although i am my ...
I am transferring so there is no sense in getting it at my school, and the new school doesn't offer it. My parents just have family health plus and if they send in my income,my whole family wont ...
which is kind of a dangerous job. And if something were to ever happen to him he wants to make sure that the house would get paid off and I would be able to continue to stay at home with our kids for ...
d t
My claim check from my homeowner' insurance co. put my name and the mortgage name. how do i deposit the check?
This is normal practice. Contact your mortgage company, they will know exactly what to do. They do this all of the time (and each has a different method to handle it).
They do this because if you spend the money and don't repair the house, the mortgage company can come along and force them to pay again.
acermill
You don't deposit it. You have to get a signature or other release from the mortgage firm/lender. Why do they do this ? As an example, let's say you suffered $10,000 damage from a storm and the insurer pays you ONLY. There have been folks who have spent the $10K frivolously, not gotten the home repaired, and then headed for foreclosure, leaving the now damaged home for the lender. You do not say how much the check is for. If it is a small amount, you could probably send it in as part of your next mortgage payment. If it's a large amount, the lender will take the check, and find a way to guarantee to themselves that the money is being used to effect the repair on the property.
D
You have to get somebody from your mortgage company to endorse it. It has to have two signatures on the back b/4 you can cash it.
Sondra
Take it to your bank and speak with a teller or personal banker. The bank will have to call the insurance company and provide some information and get permission to deposit/cash the check. You do not need to have your mortgage company endorse the check with you. Your bank will know how to handle the situation. I used to work for Wells Fargo and I had to do this all the time.
mbrcatz
The mortgage company has to sign off on it - which means, they're going to want to make sure you get the repairs done on the building.
Alternatively, you can have the insurance company pay the contractor directly.
You cannot pocket the money without the mortgage company's knowledge - because THEY have an interest in your house, too, and in it being repaired.
Billie
Send it to them and ask that they endorse it to you.
my 1st has arrived
If it has your name on it then you can just deposit it into your bank account.
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
