Chase Manhattan Mortgage
Forced into $1700 annual flood insurance despite not being in flood zone

Wanted to add my two bits to the flood insurance issue.

I was forced into $1700/annual flood insurance by Chase Manhattan and I wasn't in a flood zone.

I got the royal run around from Chase...

Resolution: Got copy of Platte Map and sent to FEMA along with insurance info and lender info. FEMA notified Chase.

Points:

FEMA insurance would have cost $50 per annum vs. $1700 at Chase Manhattan's own insurance company.

I was paying, PMI, Homeowners Insurance (paint in) and building insurance (paint out) was part of home owner dues.

Insurance commisser got involved. Things got fixed. I had too much insurance and could never have collected. Chase paid back 1 of 3 years.

Company: Chase Manhattan Mortgage
Country: USA
Site: chase.com

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