Who’s Affected

force placed insurance class action lawsuit A class action lawsuit investigation has been launched into what appears to be an industry-wide practice of banks and lenders overcharging homeowners for “force-placed insurance.” Some of the lenders being investigated include:

U.S. Bank
BB&T Bank
Quicken Loans
LoanCare
Fifth Third Bank
Provident Bank
Seterus Inc.

If you paid for force-placed insurance from one of these lenders or from a lender not on this list, you may be eligible to join a FREE class action lawsuit investigation and seek reimbursement and additional compensation for the improper charges you paid. Fill out the form on the right now to see if you qualify.

Overview: Is Forced Insurance Legal?

Mortgage holders are required to maintain home hazard insurance to protect the property in the event of a disaster. This hazard insurance often includes flood insurance, earthquake insurance, and other types of natural disaster insurance. Force-placed insurance, also known as lender-placed insurance, is a home insurance policy placed by a lender or bank to protect its financial interest in the event that the hazard insurance policy is cancelled, has lapsed, or is deemed insufficient.

Although the practice of forced placed insurance in and of itself is not unlawful, it appears to have become common within the mortgage industry for banks to partner with insurance companies that charge homeowners a premium for their forced placed insurance policies. This has led to widespread abuses against consumers, including agreements that prevent banks from issuing policies with competitors. The insurer then takes a portion of the homeowners’ insurance premium and gives it to the bank in the form of a “kickback” – thereby encouraging banks to choose policies with high premiums. In some cases, this results in homeowners paying far more for the forced-placed insurance policy than they would have if they had purchased a policy on the open market.

Furthermore, force-placed insurance has also reportedly been billed to homeowners retroactively. In other words, homeowners were billed for property insurance during the period of time that their previous policy had lapsed, in addition to being billed for a new policy. There have been additional reports suggesting that homeowners have been billed for force-placed insurance even though they already have a home insurance policy.

Join a Free Force-Placed Insurance Class Action Lawsuit Investigation

If you were forced to pay hazard insurance by U.S. Bank, BB&T Bank, Quicken Loans, LoanCare, Fifth Third Bank, Provident Bank, Seterus Inc., or another lender, you may have a legal claim. Fill out the form above to receive a FREE case evaluation now.

Get Help – It’s Free

Join a Free Force-Placed Insurance Class Action Lawsuit Investigation

If you qualify, an attorney will contact you to discuss the details of your potential case at no charge to you.

First Name*
Last Name*
State*
AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific
Phone*
Email*
Which lender charged you force-placed insurance?*
- U.S. Bank
- BB&T Bank
- Quicken Loans
- LoanCare
- Fifth Third Bank
- Provident Bank
- Seterus Inc.
- Other (please list in the additional comments box below)
Additional Comments:*
¿Necesita un orador español?
- Yes
- No
I understand and agree that submitting this form does not create an attorney-client relationship and that the information I submit is not confidential or privileged and may be shared.*
- Yes

jQuery(document).ready(function($){gformInitSpinner( 73, ‘http://11284-presscdn-0-40.pagely.netdna-cdn.com/wp-content/plugins/gravityforms/images/spinner.gif’ );jQuery(‘#gform_ajax_frame_73’).load( function(){var contents = jQuery(this).contents().find(‘*’).html();var is_postback = contents.indexOf(‘GF_AJAX_POSTBACK’) >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find(‘#gform_wrapper_73’);var is_confirmation = jQuery(this).contents().find(‘#gform_confirmation_wrapper_73’).length > 0;var is_redirect = contents.indexOf(‘gformRedirect(){‘) >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;if(is_form){jQuery(‘#gform_wrapper_73’).html(form_content.html());setTimeout( function() { /* delay the scroll by 50 milliseconds to fix a bug in chrome */ jQuery(document).scrollTop(jQuery(‘#gform_wrapper_73’).offset().top); }, 50 );if(window[‘gformInitDatepicker’]) {gformInitDatepicker();}if(window[‘gformInitPriceFields’]) {gformInitPriceFields();}var current_page = jQuery(‘#gform_source_page_number_73’).val();gformInitSpinner( 73, ‘http://11284-presscdn-0-40.pagely.netdna-cdn.com/wp-content/plugins/gravityforms/images/spinner.gif’ );jQuery(document).trigger(‘gform_page_loaded’, [73, current_page]);window[‘gf_submitting_73’] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find(‘#gforms_confirmation_message_73’).html();if(!confirmation_content){confirmation_content = contents;}setTimeout(function(){jQuery(‘#gform_wrapper_73’).replaceWith(” + confirmation_content + ”);jQuery(document).scrollTop(jQuery(‘#gforms_confirmation_message_73’).offset().top);jQuery(document).trigger(‘gform_confirmation_loaded’, [73]);window[‘gf_submitting_73’] = false;}, 50);}else{jQuery(‘#gform_73’).append(contents);if(window[‘gformRedirect’]) {gformRedirect();}}jQuery(document).trigger(‘gform_post_render’, [73, current_page]);} );} ); if(typeof gf_global == ‘undefined’) var gf_global = {“gf_currency_config”:{“name”:”U.S. Dollar”,”symbol_left”:”$”,”symbol_right”:””,”symbol_padding”:””,”thousand_separator”:”,”,”decimal_separator”:”.”,”decimals”:2},”base_url”:”http:\/\/topclassactions.com\/wp-content\/plugins\/gravityforms”,”number_formats”:[],”spinnerUrl”:”http:\/\/topclassactions.com\/wp-content\/plugins\/gravityforms\/images\/spinner.gif”};jQuery(document).bind(‘gform_post_render’, function(event, formId, currentPage){if(formId == 73) {gformInitChosenFields(‘#input_73_5′,’No results matched’);if(!/(android)/i.test(navigator.userAgent)){jQuery(‘#input_73_7’).mask(‘(999) 999-9999’).bind(‘keypress’, function(e){if(e.which == 13){jQuery(this).blur();} } );}} } );jQuery(document).bind(‘gform_post_conditional_logic’, function(event, formId, fields, isInit){gformInitChosenFields(‘#input_73_5′,’No results matched’);} ); jQuery(document).ready(function(){jQuery(document).trigger(‘gform_post_render’, [73, 1]) } );