### Question
What does force-placed insurance mean?


### Answer
**Force-placed insurance** has the following meaning in *12 U.S.C. § 2605*:

> hazard insurance coverage obtained by a servicer of a federally related mortgage when the borrower has failed to maintain or renew hazard insurance on such property as required of the borrower under the terms of the mortgage

#### Citation:
  - *12 U.S.C. § 2605*
  - Heading: **CHAPTER 27-REAL ESTATE SETTLEMENT PROCEDURES**

