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Report: #294309

Complaint Review: Home EQ - Jacksonville Florida

  • Submitted:
  • Updated:
  • Reported By: Oviedo Florida
  • Author Confirmed What's this?
  • Why?
  • Home EQ P.O. Box 57621 Jacksonville, Florida U.S.A.

Home EQ ,Home EQ Insurance scam Jacksonville Florida

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I had a nice xmas gift from my mortgage company-HOME EQ- it seems when I changed my homeowners insurance from Lib Mutual to Allstate there was a mixup- Allstate do not write homeowners policies in Florida-they use Royal Palm, so I sent off my check and relaxed ...

well about 6 weeks later my check got returned by Royal palm- the original check- nothing to do with insuficient funds. and it seems like some mixup between allstate and Royal palm-anyway I got insurance from Tower hill after that (and it was cheaper)

NOW, heres the fun part
When my Mortgage(HOME EQ) company discovered that I did not have insurance for 5 weeks-they took it upon themsleves to open an escrow account for me and charge me ... 1000 dollars for 5 weeks coverage !! -working out at 12000 a year !!!! Im sure in all those reams of paperwork I signed at closing they are allowed to do that-but the amount ???

I would call that Usury or Fraud- evidentally Home EQ uses Empire-the most expensive insurer in the country !
So my friends I probably dont have a leg to stand on , so BEWARE any mishaps in your homeowner insurance-your mortgage company could do to you what they did to me ....

Paul
Oviedo, Florida
U.S.A.

This report was posted on Ripoff Report on 12/25/2007 08:43 AM and is a permanent record located here: https://www.ripoffreport.com/reports/home-eq/jacksonville-florida-32241-7621/home-eq-home-eq-insurance-scam-jacksonville-florida-294309. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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