New York 9/13/2011 8:42:40 PM
News / Law

Flood Insurance Lawsuit Attorneys Available to Review Excessive Policy Claims

The flood insurance lawsuit attorneys working with Class Action.org are available to review claims from property owners who were forced or coerced into buying excessive flood insurance. Allegedly, some banks and mortgage companies have been engaging in unfair practices in regard to forced placed flood insurance, potentially providing legal recourse to consumers who were forced into paying for costly and possibly unnecessary coverage. To find out if you may be able to participate in a flood insurance lawsuit to seek compensation for the expenses associated with your forced-placed policy, receive a no cost, no obligation evaluation of your claim by visiting http://www.classaction.org/forced-placed-flood-insurance.html

Several forced placed flood insurance lawsuits have reportedly been filed against mortgage companies and banks. For instance, it was reported in Sept. 2011 that a Wells Fargo flood insurance lawsuit accused the bank of forcing Florida homeowners into buying flood insurance beyond federal requirements and the amount needed to protect its interest in the home. Bank of America was also reportedly hit with a putative class action in Florida for allegedly forcing mortgage loan borrowers into purchasing excess flood insurance, for which the bank received kickbacks, according to the Bank of America flood insurance lawsuit.  

Consumers may be eligible for a forced placed flood insurance lawsuit if they were forced or coerced by their bank or mortgage company into buying a flood insurance policy in excess of federal requirements; purchasing or maintaining more flood insurance than what is stated by their mortgage contracts; or having a second insurance policy forced placed on them, even though they were already covered by an existing flood insurance policy. To find out if you are eligible for a flood insurance lawsuit, visit Class Action.org today for a free, online review of your claim. The attorneys working with the site are providing this consultation at no cost and with no obligation and remain committed to protecting the rights of property owners who were subjected to unfair forced placed flood insurance practices. 

About Class Action.org

Class Action.org is dedicated to protecting consumers and investors in class actions and complex litigation throughout the United States. Class Action.org keeps consumers informed about product alerts, recalls, and emerging litigation and helps them take action against the manufacturers of defective products, drugs, and medical devices. Information about consumer fraud issues and environmental hazards is also available on the site. Visit http://www.classaction.org today for a no cost, no obligation case evaluation and information about your consumer rights.