# Do you still have to pay the mortgage if your house burns down? **URL:** \ **Category:** Factual Questions\ **Created:** [November 24, 2018, 7:23pm UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018 "2018-11-24T19:23:54Z")\ **Posts on this page:** 20\ **Page:** 2
**Author:** ![Snnipe\_70E](https://avatars.discourse-cdn.com/v4/letter/s/b5a626/32.png) [@Snnipe\_70E](https://boards.straightdope.com/u/Snnipe_70E)\ **Post date:** [November 25, 2018, 6:35am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/21 "2018-11-25T06:35:54Z")
> [@nearwildheaven](#): > > Do people who buy property on contract have to insure it? > > I’m asking this in part because I found out via Facebook that one of my HS classmates, and her husband, belong to some kind of fringe political or religious philosophy where they (among other things) do not believe in banks or insurance. I looked up the real estate records for their county, and found out that her parents, who are very wealthy, bought their house for them and then sold it to them in contract. > > I once bought a house on contract, and I certainly had it insured. I definitely carry renter’s insurance, and even did when I was in college. I mean, I pay about $100 a year for $40,000 in replacement coverage. It’s not expensive, at least not where I live. Will depend on the contract. ---
**Author:** ![nearwildheaven](https://avatars.discourse-cdn.com/v4/letter/n/90db22/32.png) [@nearwildheaven](https://boards.straightdope.com/u/nearwildheaven)\ **Post date:** [November 25, 2018, 7:01am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/22 "2018-11-25T07:01:20Z")
> [@TokyoBayer](#): > > When we bought a house in Tokyo, they advised against earthquake insurance. > > Basically, if the big one hits Tokyo then all the insurance companies are going to go under and wouldn’t be able to pay. > > However, in other quakes in which the entire economy didn’t collapse, people who didn’t have insurance were SOL, still n the hook for the amount of mortgage remaining. I got earthquake coverage when I lived in southern Illinois; I was close enough to the New Madrid Fault that I felt it wasn’t a bad idea. It was about $30 a year. > **[New Madrid Seismic Zone](https://en.wikipedia.org/wiki/New_Madrid_Seismic_Zone)** > > The New Madrid Seismic Zone (NMSZ) (/ˈmædrɪd/), sometimes called the New Madrid Fault Line, is a major seismic zone and a prolific source of intraplate earthquakes (earthquakes within a tectonic plate) in the Southern and Midwestern United States, stretching to the southwest from New Madrid, Missouri. > The New Madrid fault system was responsible for the 1811–12 New Madrid earthquakes and has the potential to produce large earthquakes in the future. Since 1812, frequent smaller earthquakes have ... And something a little more official: [https://earthquake.usgs.gov/learn/topics/nmsz/1811-1812.php](https://earthquake.usgs.gov/learn/topics/nmsz/1811-1812.php) ---
**Author:** ![SanVito](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sanvito/32/2805_2.png) [@SanVito](https://boards.straightdope.com/u/SanVito)\ **Post date:** [November 25, 2018, 8:19am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/23 "2018-11-25T08:19:18Z")
> [@Bijou\_Drains](#): > > If you don’t know this , you really should not use your house insurance for minor stuff. If you do , they just cancel the policy and it’s hard to get a new one. I speak from personal experience. > > Homeowner insurance should only be used for major things like your house burning down. Um wow. US insurance companies must really suck. This isn’t my experience at all. I’ve made claims on my home insurance for minor things and it hasn’t even affected my premiums, let alone caused a cancellation. ---
**Author:** ![Quartz](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/quartz/32/267_2.png) [@Quartz](https://boards.straightdope.com/u/Quartz)\ **Post date:** [November 25, 2018, 9:12am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/24 "2018-11-25T09:12:45Z")
Here in the UK, a large part of the cost of a property is often the land on which it sits. So buildings insurance works off the rebuild cost - how much it would cost to rebuild the property - which is often much less than the price paid. Is it the same in America? ---
**Author:** ![thelurkinghorror](https://avatars.discourse-cdn.com/v4/letter/t/7c8e57/32.png) [@thelurkinghorror](https://boards.straightdope.com/u/thelurkinghorror)\ **Post date:** [November 25, 2018, 9:27am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/25 "2018-11-25T09:27:05Z")
> [@Riemann](#): > > And, just the same, anyone who lends you money to buy a car requires insurance. IIRC every state except New Hampshire requires insurance. But while under a loan, they will likely require more insurance than the minimum. You will have collision and comprehensive, but you don’t need to have these for an old car. Depending on state, you’ll probably only need the minimum liability, maybe a few other things. ---
**Author:** ![bob\_2](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bob_2/32/3341_2.png) [@bob\_2](https://boards.straightdope.com/u/bob_2)\ **Post date:** [November 25, 2018, 12:05pm UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/26 "2018-11-25T12:05:45Z")
Here in the UK, wildfires are not a big risk, but flooding is. Or at least it has become so, this century in areas that were no great problem 30 years earlier. The outcome has been that people who live in areas deemed to be ‘high risk’ have seen their premiums soar and can often find themselves tied to a single insurer. Every time there is a major inundation we see stories of all those poor folk who have been made temporarily homeless and have no insurance. They often get help from charities etc and this can cause resentment from neighbours who had been paying premiums for years. This happened in a street near us. You may think that the name of the street - Watery Lane - and the stream at the end, might have been a clue to the potential risk, but it had not been flooded since the 1950’s so many of the householders, some quite elderly, had economised by not paying for buildings insurance. Flooding, of course, does not generally destroy a house as fire does, and anyone with a mortgage would have sufficient cover to rebuild in the event of a fire. If, in some way, they rendered the insurance invalid (arson?) they would then become personally liable and most likely bankrupt. ---
**Author:** ![kayaker](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/kayaker/32/441_2.png) [@kayaker](https://boards.straightdope.com/u/kayaker)\ **Post date:** [November 25, 2018, 1:12pm UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/27 "2018-11-25T13:12:35Z")
> [@jasg](#): > > Also from experience, sometimes even calling to ask “Is xyz covered?” With no claim filed counts against you as a “zero dollar claim”. If you call, make sure tell them this is NOT A CLAIM! I was in a multi-car accident once where I was not at fault. The adjuster looked at my car and called me. There was some very minor damage that couldn’t be explained by the accident. I told him I’d grazed a deer months ago and never reported it as the damage was minor and cosmetic. I didn’t _want_ anything done with the dent. When I got my vehicle back, everything was repaired. I then got a cancellation notice due to too many claims in a short period. ---
**Author:** ![Riemann](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/riemann/32/3133_2.png) [@Riemann](https://boards.straightdope.com/u/Riemann)\ **Post date:** [November 25, 2018, 3:56pm UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/28 "2018-11-25T15:56:05Z")
> [@kayaker](#): > > I was in a multi-car accident once where I was not at fault. The adjuster looked at my car and called me. There was some very minor damage that couldn’t be explained by the accident. I told him I’d grazed a deer months ago and never reported it as the damage was minor and cosmetic. I didn’t _want_ anything done with the dent. > > When I got my vehicle back, everything was repaired. I then got a cancellation notice due to too many claims in a short period. Most people think that if there’s an accident and they don’t make a claim for something (pay for the repair yourself, or don’t repair it), it’s as though it never happened. But that’s not so. You probably had an obligation to report the prior accident. And this is quite reasonable. Insurance companies care about _future_ risk, and their models use your driving history to estimate that. If an event is part of your driving history, the issue of whether or not you claimed for the event isn’t relevant. ---
**Author:** ![Procrustus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/procrustus/32/2994_2.png) [@Procrustus](https://boards.straightdope.com/u/Procrustus)\ **Post date:** [November 25, 2018, 5:28pm UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/29 "2018-11-25T17:28:00Z")
> [@Riemann](#): > > Most people think that if there’s an accident and they don’t make a claim for something (pay for the repair yourself, or don’t repair it), it’s as though it never happened. But that’s not so. You probably had an obligation to report the prior accident. > > And this is quite reasonable. Insurance companies care about _future_ risk, and their models use your driving history to estimate that. If an event is part of your driving history, the issue of whether or not you claimed for the event isn’t relevant. Any such obligation would be in the contract. I’ve never seen an auto policy with a requirement like that. ---
**Author:** ![Riemann](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/riemann/32/3133_2.png) [@Riemann](https://boards.straightdope.com/u/Riemann)\ **Post date:** [November 25, 2018, 7:32pm UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/30 "2018-11-25T19:32:33Z")
> [@Procrustus](#): > > Any such obligation would be in the contract. I’ve never seen an auto policy with a requirement like that. > **[Do Minor Vehicle Accidents Need to Be Reported?](https://www.nolo.com/legal-encyclopedia/do-minor-vehicle-accidents-need-be-reported.html)** > > Learn what you should do after a minor car accident, who you are required to report the car accident to, and if you should file a car insurance claim. > [@](#): > > It is important to understand that every single automobile insurance policy in the country requires policyholders to immediately report any accident in which they are involved. Failing to report an accident to your insurance company may result in significant complications or penalties down the road. ---
**Author:** ![TimeWinder](https://avatars.discourse-cdn.com/v4/letter/t/bcef8e/32.png) [@TimeWinder](https://boards.straightdope.com/u/TimeWinder)\ **Post date:** [November 25, 2018, 7:52pm UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/31 "2018-11-25T19:52:36Z")
> [@SanVito](#): > > Um wow. US insurance companies must really suck. This isn’t my experience at all. I’ve made claims on my home insurance for minor things and it hasn’t even affected my premiums, let alone caused a cancellation. The US “Free Market” coupled with various mandatory insurances allows for some very shady insurance policies, like the “health insurances” that mathematically could never pay back their premiums. These were outlawed under the ACA, but are being rolled back in under the new administration. Similarly, the requirement to insure houses and cars has spawned a lot of “insurances” that are mostly insurance in name only. In my experience, the big-name, reputable insurance companies don’t act like the ones described here: I’ve never had my insurance cancelled for making (or inquiring) about a claim, not even the dreaded ‘rate increase’ from an auto accident, and I’ve been insuring houses, cars, and my health for several decades now. ---
**Author:** ![skdo23](https://avatars.discourse-cdn.com/v4/letter/s/a5b964/32.png) [@skdo23](https://boards.straightdope.com/u/skdo23)\ **Post date:** [November 25, 2018, 9:39pm UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/32 "2018-11-25T21:39:01Z")
If you think that’s bad, try getting a mortgage on a house in Quahog, RI without first getting volcano insurance. ---
**Author:** ![Corry\_El](https://avatars.discourse-cdn.com/v4/letter/c/ecae2f/32.png) [@Corry\_El](https://boards.straightdope.com/u/Corry_El)\ **Post date:** [November 25, 2018, 10:11pm UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/33 "2018-11-25T22:11:12Z")
> [@mhendo](#): > > What I’m not sure about, though, is how the “non-recourse” rule would apply to a situation where your “house” is worth almost nothing because it has been burned to the ground. As **Riemann** has noted, almost every institution that provides a mortgage also requires some sort of insurance policy on the property, but I wonder what would happen in a case where a homeowner, for whatever reason, had no coverage for their house and it was destroyed by fire. Does the “non-recourse” rule require the house itself to be standing and in good condition? I don’t know. I’d be interested to see how a situation like this works. IANAL but AFAIK ‘non recourse’ just says the lenders can’t make claims against assets which were not pledged as collateral for the loan. It doesn’t depend on the value or condition of the asset which was specifically pledged as collateral, ie the property. As a bunch of people have said, lenders who take collateral which could be lost in an accident, fire, etc. almost always require the asset to be insured. I think we’re still waiting for cites of cases or places where banks would extend mortgage loans on properties on which it’s ‘impossible’ to get fire insurance. It’s kind hard to imagine that, what kind of competitive frenzy by banks would cause such an obvious give away to borrowers. However ‘non-recourse’ is not a wholly uniform concept in all places and cases. State laws vary and it’s not necessarily exactly binary. Also I know first hand that in commercial property lending ‘non recourse’ has certain ‘carve outs’ where the lender can come after individual assets. For example a lender will typically retain the right to go after the assets of the managing member of a property LLC if the LLC defaults on the mortgage due to fraud by the managing member. In commercial loans it can be negotiated case by case. For individual mortgages it tends to be more uniform according to state law. But varies by state. ---
**Author:** ![thelurkinghorror](https://avatars.discourse-cdn.com/v4/letter/t/7c8e57/32.png) [@thelurkinghorror](https://boards.straightdope.com/u/thelurkinghorror)\ **Post date:** [November 25, 2018, 11:47pm UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/34 "2018-11-25T23:47:07Z")
> [@skdo23](#): > > If you think that’s bad, try getting a mortgage on a house in Quahog, RI without first getting volcano insurance. Will I have enough money left over for handsome cream? ---
**Author:** ![kayaker](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/kayaker/32/441_2.png) [@kayaker](https://boards.straightdope.com/u/kayaker)\ **Post date:** [November 26, 2018, 12:58am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/35 "2018-11-26T00:58:18Z")
> [@Riemann](#): > > Most people think that if there’s an accident and they don’t make a claim for something (pay for the repair yourself, or don’t repair it), it’s as though it never happened. But that’s not so. You probably had an obligation to report the prior accident. > > And this is quite reasonable. Insurance companies care about _future_ risk, and their models use your driving history to estimate that. If an event is part of your driving history, the issue of whether or not you claimed for the event isn’t relevant. I guess their strategy works with large numbers, but not in our household. I found other (cheaper!) insurance and have had zero claims in the 12 years since. Meanwhile, around the same time, my gf got a letter from her insurance company (State Farm, IIRC) congratulating her for a lifetime of zero claims with them. They promised to not raise her rates ever. She immediately totaled her newish SUV, then had another claim a month or two later. ---
**Author:** ![LurkerInNJ](https://avatars.discourse-cdn.com/v4/letter/l/ed655f/32.png) [@LurkerInNJ](https://boards.straightdope.com/u/LurkerInNJ)\ **Post date:** [November 26, 2018, 1:35am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/36 "2018-11-26T01:35:29Z")
> [@mhendo](#): > > But mortgages work a bit differently than car loans, at least in some places. > > When it comes to mortgages, California is one of twelve “non-recourse” states. This means that, in California, in most circumstances you can walk away from your mortgage, and all the lending institution can do is take the house. If the house is worth less than what you owe them on the mortgage, the bank basically eats the loss. There were a bunch of people doing this during the mortgage crisis ten years ago. > > So, say someone buys a house for $600,000 and the following year the market collapses, leaving the house worth 300,000. The person might still owe the bank all $600K, but if they live in a non-recourse state, they can basically give the keys back to the bank and walk away. > > In the other 38 “recourse” states, banks can come after you for the shortfall. They could sue you for the $300K difference between what you owe them and what the house is worth. They don’t always pursue this, because people who default on their mortgage often don’t have much to go after, but there are some circumstances where people default on their mortgage and still have other assets that can be taken. > > What I’m not sure about, though, is how the “non-recourse” rule would apply to a situation where your “house” is worth almost nothing because it has been burned to the ground. As **Riemann** has noted, almost every institution that provides a mortgage also requires some sort of insurance policy on the property, but I wonder what would happen in a case where a homeowner, for whatever reason, had no coverage for their house and it was destroyed by fire. Does the “non-recourse” rule require the house itself to be standing and in good condition? I don’t know. I’d be interested to see how a situation like this works. This has absolutely nothing to do with the situation at hand. You can’t get a mortgage without the property (structure) being insured. The lender is listed as an additional insured. Insurance is paid a year in advance and is generally escrowed. If your insurance lapses for whatever reason, the lender will take out a policy and add it to your mortgage payment. They absolutely will not allow it to be uninsured. It’s a condition of your loan. If your house burns down, the insurance company pays to rebuild it. You keep paying your mortgage as usual. Nothing changes. If you default on your loan, your lender will make sure the insurance is paid to protect their investment. If you paid cash for your home and chose to not insure it, that’s on you. You’re on your own. ---
**Author:** ![LurkerInNJ](https://avatars.discourse-cdn.com/v4/letter/l/ed655f/32.png) [@LurkerInNJ](https://boards.straightdope.com/u/LurkerInNJ)\ **Post date:** [November 26, 2018, 1:38am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/37 "2018-11-26T01:38:36Z")
> [@Quartz](#): > > Here in the UK, a large part of the cost of a property is often the land on which it sits. So buildings insurance works off the rebuild cost - how much it would cost to rebuild the property - which is often much less than the price paid. Is it the same in America? Yes, they will require liability on the property but replacement on the structure. The land doesn’t get replaced. ---
**Author:** ![mhendo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mhendo/32/3159_2.png) [@mhendo](https://boards.straightdope.com/u/mhendo)\ **Post date:** [November 26, 2018, 2:32am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/38 "2018-11-26T02:32:39Z")
> [@LurkerInNJ](#): > > This has absolutely nothing to do with the situation at hand. You can’t get a mortgage without the property (structure) being insured. The lender is listed as an additional insured. Insurance is paid a year in advance and is generally escrowed. If your insurance lapses for whatever reason, the lender will take out a policy and add it to your mortgage payment. They absolutely will not allow it to be uninsured. It’s a condition of your loan. > > If your house burns down, the insurance company pays to rebuild it. You keep paying your mortgage as usual. Nothing changes. If you default on your loan, your lender will make sure the insurance is paid to protect their investment. Even if everything you write is true, the question of non-recourse is still relevant. Plenty of people with mortgages in California are insured, but also underinsured. Here’s a [story](https://www.cbsnews.com/news/after-californias-wildfires-insurance-hardly-covers-rebuilding/) from just a few months ago, noting that a significant number of people who lost homes in earlier fires “reported being underinsured by an average of $317,000.” That is, the insurance they have doesn’t cover the full cost of replacing the home, partly because insurance companies themselves often undervalue houses to keep premiums competitive, and partly because the insurance they have often takes inadequate consideration of factors such as “fees for permitting, architects, labor and zoning.” If you found yourself in such a situation, there might be cases where it would be worth it to walk away from the mortgage. Sure, the lender might still be paying for insurance, but it doesn’t change the fact that, in some cases, the lender could go after you for any shortfall, whereas they cannot in a non-recourse state like California. We could have a whole other discussion on force-placed insurance, which is a necessary component of the housing industry, but which some banks and insurance companies, operating in cahoots, also [abuse](https://www.nytimes.com/2012/01/21/your-money/home-insurance/how-to-handle-force-placed-insurance-wealth-matters.html) in order to provide over-priced, substandard insurance, often to people who don’t need it or who have already bought their own. > [@](#): > > While there are at least a half-dozen pending class-action suits against banks over force-placed insurance practices, relief for consumers is slow in coming and is unlikely to cover all the charges homeowners have incurred. > > Kai Richter, a lawyer at Nichols Kaster, an employment and consumer rights law firm in Minneapolis, said his firm recently won a $9.65 million class-action suit, Hofstetter v. Chase Home Finance. In that case, Chase had to stop both taking commissions from selling force-placed insurance and requiring insurance above the loan balances. ---
**Author:** ![Snnipe\_70E](https://avatars.discourse-cdn.com/v4/letter/s/b5a626/32.png) [@Snnipe\_70E](https://boards.straightdope.com/u/Snnipe_70E)\ **Post date:** [November 26, 2018, 5:44am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/39 "2018-11-26T05:44:13Z")
> [@mhendo](#): > > Even if everything you write is true, the question of non-recourse is still relevant. Plenty of people with mortgages in California are insured, but also underinsured. > > Here’s a [story](https://www.cbsnews.com/news/after-californias-wildfires-insurance-hardly-covers-rebuilding/) from just a few months ago, noting that a significant number of people who lost homes in earlier fires “reported being underinsured by an average of $317,000.” That is, the insurance they have doesn’t cover the full cost of replacing the home, partly because insurance companies themselves often undervalue houses to keep premiums competitive, and partly because the insurance they have often takes inadequate consideration of factors such as “fees for permitting, architects, labor and zoning.” > > If you found yourself in such a situation, there might be cases where it would be worth it to walk away from the mortgage. Sure, the lender might still be paying for insurance, but it doesn’t change the fact that, in some cases, the lender could go after you for any shortfall, whereas they cannot in a non-recourse state like California. > > We could have a whole other discussion on force-placed insurance, which is a necessary component of the housing industry, but which some banks and insurance companies, operating in cahoots, also [abuse](https://www.nytimes.com/2012/01/21/your-money/home-insurance/how-to-handle-force-placed-insurance-wealth-matters.html) in order to provide over-priced, substandard insurance, often to people who don’t need it or who have already bought their own. Being under insured will not be a problem for the bank. Assume you purchased a home and have a $300,000 loan on it. Your insurance is for enough to rebuild when the loan was taken out, maybe $250,000. Time passes building costs go up. Now it would cost $400,000 tp rebuild after a fire. You are under insured and insurance will pay only $250,000. YOu walk away. Insurance writes check to bank for the amount of the loan. If the loan balance is under $250,000 bank is paid off and happy. YOu now own the land and get the difference. If the loan is still more than $250,000 bank gets $250,000 and forecloses on the land. They sell the land for enough to pay off loan and expences, you get nothing. ---
**Author:** ![bob\_2](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bob_2/32/3341_2.png) [@bob\_2](https://boards.straightdope.com/u/bob_2)\ **Post date:** [November 26, 2018, 10:44am UTC](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018/40 "2018-11-26T10:44:50Z")
Apart from insuring the risk of damage, UK lenders also include life insurance so that if the mortgagee dies, the balance will be paid up automatically and the burden will not fall on the heirs. Is this the same in the USA? [Previous page](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018.md?page=1) [Next page](https://boards.straightdope.com/t/do-you-still-have-to-pay-the-mortgage-if-your-house-burns-down/825018.md?page=3)