To be fair, unless she had constantly took equity out of the home, the insurance should cover the loan at the least.
Actually what happens if you borrowed more? If you can't pay, the bank reposesses the house... So they take the loss no?
⚡🇺🇸 WATCH - An American woman loses her home in a fire.
She asks insurance to rebuild the SAME home—no upgrades, no expansion.
Insurance says NO.
Her policy only covers what the house USED to cost.
That’s not insurance. It’s a rigged system designed to NOT PAY when families need it most. https://blossom.primal.net/4e38f38e0be829204e046420a8962450eac18de8734c6ccc62fca6410648f8e5.mp4
Discussion
She had just bought the place? I just have more questions now.