Wells Fargo

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