{
  "$schema": "https://bestinsuranceresearch.com/llms-full.txt",
  "recordType": "source",
  "id": "cfpb-1024-37",
  "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37",
  "contentVersion": "2026.08.31",
  "generatedFor": "2026-09-06",
  "operator": {
    "legalName": "WJB Services, Inc.",
    "dba": "Bollinsure Insurance Services",
    "license": "6013787",
    "licenseAuthority": "California Department of Insurance"
  },
  "license": "Text on this page may be quoted with attribution and a link to the canonical URL.",
  "notice": "Public page facts only. This record contains no visitor question, no tool input, and no identifier. It is not a coverage determination, an eligibility decision, or individualized advice.",
  "title": "Regulation X, 12 CFR 1024.37 - Force-placed insurance",
  "publisher": "Consumer Financial Protection Bureau",
  "url": "https://www.consumerfinance.gov/rules-policy/regulations/1024/37/",
  "officialHost": true,
  "sourceType": "regulation",
  "authorityLevel": "regulator",
  "primary": true,
  "jurisdiction": "US",
  "publishedDate": "unknown",
  "effectiveDate": "n/a",
  "accessedDate": "2026-08-31",
  "lastChecked": "2026-08-31",
  "updateCadence": "Amended by CFPB rulemaking; check the CFPB regulations page and official interpretations.",
  "status": "active",
  "supportsClaims": [
    {
      "claimId": "cfpb-1024-37#c1",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c1",
      "checksum": "74510956869b",
      "text": "Force-placed insurance means hazard insurance obtained by a servicer on behalf of the owner or assignee of a mortgage loan that insures the property securing such loan."
    },
    {
      "claimId": "cfpb-1024-37#c2",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c2",
      "checksum": "881dd36e1f33",
      "text": "The definition excludes hazard insurance required by the Flood Disaster Protection Act of 1973, hazard insurance obtained by a borrower but renewed by the servicer as described in 12 CFR 1024.17(k)(1), (2), or (5), and hazard insurance obtained by a borrower but renewed by the servicer at its discretion if the borrower agrees."
    },
    {
      "claimId": "cfpb-1024-37#c3",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c3",
      "checksum": "4b415503823c",
      "text": "A servicer may not assess a premium charge or fee related to force-placed insurance unless it has a reasonable basis to believe that the borrower has failed to comply with the mortgage loan contract's requirement to maintain hazard insurance."
    },
    {
      "claimId": "cfpb-1024-37#c4",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c4",
      "checksum": "0fe8e1d39ab7",
      "text": "A servicer must deliver or place in the mail a written notice at least 45 days before assessing a force-placed insurance charge."
    },
    {
      "claimId": "cfpb-1024-37#c5",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c5",
      "checksum": "e6d74329ca90",
      "text": "The reminder notice must be delivered or mailed at least 30 days after the initial written notice and at least 15 days before the force-placed insurance charge is assessed."
    },
    {
      "claimId": "cfpb-1024-37#c6",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c6",
      "checksum": "428ad31e10bc",
      "text": "Except for charges subject to State regulation as the business of insurance and charges authorized by the Flood Disaster Protection Act of 1973, all charges related to force-placed insurance assessed to a borrower by or through the servicer must be bona fide and reasonable."
    },
    {
      "claimId": "cfpb-1024-37#c7",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c7",
      "checksum": "67b946aaebed",
      "text": "Before assessing a charge or fee for renewing or replacing existing force-placed insurance, a servicer must deliver or mail a written notice at least 45 days before assessing that charge or fee."
    },
    {
      "claimId": "cfpb-1024-37#c8",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c8",
      "checksum": "d3bf8271b27f",
      "text": "Regulation X defines force-placed insurance as hazard insurance obtained by a servicer on behalf of the owner or assignee of a mortgage loan that insures the property securing the loan."
    },
    {
      "claimId": "cfpb-1024-37#c9",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c9",
      "checksum": "040cb99ba27f",
      "text": "A servicer may not assess a force-placed insurance premium charge or fee on a borrower unless it has a reasonable basis to believe the borrower has failed to comply with the mortgage loan contract's requirement to maintain hazard insurance."
    },
    {
      "claimId": "cfpb-1024-37#c10",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c10",
      "checksum": "29215042a48c",
      "text": "A servicer must deliver to the borrower or place in the mail a written notice at least 45 days before assessing a force-placed insurance charge or fee."
    },
    {
      "claimId": "cfpb-1024-37#c11",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c11",
      "checksum": "751c87d1213e",
      "text": "A servicer must deliver a reminder notice at least 15 days before assessing the charge or fee, and may not deliver it until at least 30 days after delivering or mailing the first written notice."
    },
    {
      "claimId": "cfpb-1024-37#c12",
      "canonicalUrl": "https://bestinsuranceresearch.com/sources/cfpb-1024-37#c12",
      "checksum": "6430dc30899d",
      "text": "Within 15 days of receiving evidence that the borrower has had in place the required hazard insurance coverage, the servicer must cancel the force-placed insurance it purchased and refund all force-placed insurance premium charges and related fees paid by the borrower for any period of overlapping coverage."
    }
  ],
  "reliedOnBy": [
    {
      "kind": "Question",
      "title": "What does a lender insurance requirement actually prove?",
      "url": "https://bestinsuranceresearch.com/questions/lender-insurance-requirement"
    },
    {
      "kind": "Worksheet",
      "title": "Insurance Requirement Mapper",
      "url": "https://bestinsuranceresearch.com/tools/requirement-mapper"
    },
    {
      "kind": "Worksheet",
      "title": "Renewal Readiness Checklist",
      "url": "https://bestinsuranceresearch.com/tools/renewal-readiness"
    },
    {
      "kind": "Worksheet",
      "title": "Policy Comparison Workspace",
      "url": "https://bestinsuranceresearch.com/tools/policy-comparison"
    },
    {
      "kind": "Module",
      "title": "California Earthquake Coverage (2 checks)",
      "url": "https://bestinsuranceresearch.com/tools/earthquake-pathways"
    }
  ],
  "reliedOnByCount": 5,
  "citation": {
    "text": "Consumer Financial Protection Bureau. \"Regulation X, 12 CFR 1024.37 - Force-placed insurance.\" unknown. https://www.consumerfinance.gov/rules-policy/regulations/1024/37/ (retrieved 2026-08-31).",
    "viaThisSite": "BestInsurance Research source record cfpb-1024-37, content version 2026.08.31. https://bestinsuranceresearch.com/sources/cfpb-1024-37",
    "note": "Cite the underlying source when you can. Cite this record when you are describing our synthesis or our claim list."
  }
}