Quote Originally Posted by Dave_L View Post
You'd be surprised at how many condo owners don't have insurance either. The master policy is through the HOA and covers up to the drywall. That usually the only policy the mortgage company will ask for so people just never get their own policy for contents and the drywall in. Renter's are CRAZY to not get a renter's policy for how cheap they are.
Yep. Just found out she did not have anything but mortgage insurance. Guess the bank gets paid off. She had lived there for quite a while. Not sure what happens to the equity she might have had, but all possessions are gone.