Lawsuit Investigation: Are Banks Docking Loss Draft Insurance Checks for Inspection Fees?

September 21, 2015 Last Updated on April 24, 2019

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At A Glance

This Alert Affects:
People who submitted claims to their homeowners’ insurance for more than $10,000 and were required by their bank to have their property inspected before getting a check for the damage.
What's Going On?
It’s believed that some banks are passing off the cost of these inspections to the homeowners themselves. Attorneys working with ClassAction.org believe that this practice violates the homeowners’ mortgage agreements and are looking to get class actions filed.
How Would I Know If I Was Charged for the Inspection?
Unfortunately, you may not know. For some, the inspection fees are either taken out of the insurance check or deducted from the homeowner’s escrow account.
How Can I Find Out If I Was Charged Inspection Fees?
Fill out the form on this page. One of the attorneys we work with may then reach out to you directly. He or she can review any documentation you have to determine whether you were charged for an inspection required by your bank.
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