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Texas County Mutual Insurance Co. |
Mortgagee partner Connection... |
Our Billing Procedure: |
21-30 Days in Advance of the DUE DATE we mail a paper notice unless EFT billing has been selected. On the first business day AFTER the DUE date a Suspension Notice is printed that includes a 10 day window of opportunity and an additional $20.00 Fee. If the bill is paid within this window including the fee, then the policy continues in force, (the mortgagee or loss payee is notified at this time as well) On the 11th Day after the policy payment is due then a cancellation is mailed that is retroactive to the due date. THIS IS SERIOUS. You have no coverage at this point. A limited number of cancelations are allowed including much higher fee for reinstatment. |