We had a home fire in March of this year. After MANY weeks of insurance "dealings" we finally started receiving payments and are currently in the process of rebuilding. We had lender based insurance with Bank of America (BAC). Last week, we were notified that our loan servicing has been transfered from BoA to Select Portfolio Servicing AND that if we had insurance with our prior mortgage that it would not be transferred. So, my question - how hard is it going to be for us to get insurance after having had a large fire claim within the past 6 months???

About The Expert

Amy Bach

Amy Bach has been a professional advocate for insurance policyholders since 1984 and an attorney since 1989. She co-founded United Policyholders in 1991 and serves as the organization's Executive Director and primary spokesperson; shaping and overseeing the Roadmap to Recovery™, Roadmap to Preparedness, and Advocacy and Action programs. She is a nationally recognized expert on insurance claim and legal matters; frequently interviewed in print and broadcast media, and the author of numerous publications including "The Disaster Recovery Handbook", "WISE UP: The Savvy Consumer's Guide to Buying Insurance" and consumer tips and guides in the UP Claim Help Library.  Recognized by Money Magazine as a Money Hero, Bach is in her eighth consecutive term as an official consumer representative to the National Association of Insurance Commissioners, and is a member of the Federal Advisory Committee on Insurance.