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Why I Need to Escrow My Flood Insurance? Why I Need to Escrow My Flood Insurance?

Sep 06, 2022

Commercial Insurance

Why I Need to Escrow My Flood Insurance?

An escrow account is a third-party account, mostly opened by your mortgage lender, to keep track of payments concerning the property you financed, including the property's taxes, insurance payments, association dues, etc. You will usually have an escrow account if you have a mortgage. If you have been...

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