Carrying an Excessive, Forced Placed Flood Insurance Policy?

First Horizon Forced Placed Flood Coverage

First Horizon Mortgage Holders: Were you forced or coerced into buying an excessive flood insurance policy? If so, you may have legal recourse to seek compensation for the additional costs associated with this coverage. Class Action.org is investigating allegations that certain mortgage companies have been forcing loan holders to purchase or maintain flood insurance policies which are unnecessary, overly expensive, or otherwise excessive. While First Horizon Home Loan Corp. has not been named among the mortgage companies participating in these practices, many consumers who have borrowed from other establishments have complained that they were forced into paying the high premiums of an excessive, unnecessary or second flood insurance policy. 

If First Horizon Home Loan Corp. or any other bank forced or coerced you into buying or maintaining an overly expensive, excessive or second flood insurance policy, complete our free case review form today for a no cost evaluation of your claim. You may be able to seek compensation for the high premiums paid out for this coverage. 

Lawsuits for Excessive, Forced Placed Flood Insurance

Any mortgage holder may be able to participate in a forced placed flood insurance lawsuit if they had to purchase or maintain:

• More flood coverage than what was required under their mortgage agreements
• A flood insurance policy which exceeded federal requirements 
• A second flood insurance policy even though they were already covered by a condominium association or otherwise 
• A second flood insurance policy after an acceptable policy was refused

In some instances, it has been alleged that banks who forced placed valueless flood insurance on mortgage holders received commissions for these purchases, the cost of which was added to the mortgage balance, deducted from their home equity account or otherwise expensed to the borrower. 

Forced Placed Flood Insurance Complaints

If your mortgage company forced you to pay for unnecessary flood insurance, you may have legal recourse to seek financial compensation. To find out if you are eligible for a flood insurance lawsuit, complete our free case evaluation form today. Our forced placed flood insurance lawsuit attorneys are providing this online consultation at no cost or obligation and remain committed to protecting the rights of property owners who had their consumer rights violated. 

Forced Placed Flood Insurance Articles and Resources

• Wells Fargo Excess Flood Insurance
• Bank of America Flood Insurance Lawsuit
• JP Morgan Chase Insurance Complaints
• Flagstar Bank Forced Placed Flood Insurance
• GMAC Mortgage Flood Insurance Lawsuit
• Countrywide Forced Flood Insurance
• Washington Mutual Forced Placed Flood Coverage
• Ameriquest and Argent Forced Flood Coverage
• National City Corporation Forced Flood Insurance
• Citigroup Flood Insurance: Forced Placed Coverage
• Wachovia Forced Placed Flood Insurance
• HSBC Flood Coverage: Forced Placed Insurance
• Option One Mortgage Forced Flood Coverage
• New Century Mortgage Forced Placed Flood Coverage
• American Home Mortgage Forced Flood Insurance
• IndyMac Flood Insurance: Forced Placed Coverage
• ABN AMRO Forced Placed Flood Insurance Policies
• Fremont Investment and Loan Forced Flood Coverage
• Suntrust Bank Forced Placed Flood Insurance
• Additional Companies for Forced Placed Flood Insurance