From when the policy is written yes-
The last house I bought, the one Im currently in, the policy was written at $1700/ year. After a month of being in the house the insurance company underwriters came back with "repairs" that needed to be made, all of which were bogus but they would not budge. They promptly dropped me so after shopping around I landed on a company that said the house was fine after a virtual inspection but the policy was $3200/ year. I expect it to double again this coming year. Nothing keeps them from hammering you for more money, your mortgage company simply asks for the updated policy and increases your payment for additionally escrow accordingly.
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Originally Posted by onewhippedpuppy
Aren’t most homeowners insurance policies amortized into the mortgage payment?
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