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4.3

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LAST UPDATED: August 5th, 2022
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Attention: Wells Fargo does not offer home insurance.

Wells Fargo focuses on banking and financial services. It requires its mortgage clients to have sufficient home insurance coverage until the mortgage is paid off.

Founded in 1998, Wells Fargo specializes in banking and financial services. Although the company does not offer home insurance, it does have helpful information on what kind of coverage it requires its mortgage clients to have until their mortgage is paid off.

If one of its clients does not carry full repair and replacement coverage on the building, it will purchase its own policy and add the premium to the monthly mortgage payment. These lender-issued policies typically have higher rates and only cover the home's structure.

If you're a Wells Fargo mortgage client, be sure you have the right amount of coverage on your home. If your insurance coverage lapsed and you have a lender-issued policy, you can get the lender-issued policy cancelled by buying qualifying coverage and working with Wells Fargo to remove the policy.

Read Wells Fargo Home Insurance Reviews

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3.6

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22 Reviews

Review Breakdown

5 grade

32%

4 grade

27%

3 grade

18%

2 grade

9%

1 grade

14%

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Jamila katze Marquette, MI

i opened a free checking account. all of a sudden every month i was paying an account fee. i didnt understand but assumed that i must pay it because its a bank and they wouldnt make any mistakes. it turns out they were scaming their customers. big banks are scum. all they want to do is rip you off. i was never repaid for all those months of paying an "account fee" for a free account

2 years ago

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scotty Inver Grove Heights, MN

I tried Wells Fargo's rental insurance for a month or two before I canceled it Because their online portal is confusing and difficult to use and whenever I needed to get a hold of somebody to actually use my policy it was harder than calling the president

1 year ago

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Lily Manor Denver, CO

I'm not a fan. They take your money but aren't willing to deliver when you need them. Their customer service is poor and a few times, I've been put into some scheme of theirs (savings scheme) when I didn't even agree to it.

1 year ago