A Plano homeowner says his insurer acknowledged apparent water damage, priced the repairs below his deductible for a zero payout, then changed its reasoning.
That is the core of a lawsuit filed July 17, 2026 against American Security Insurance Company in the US District Court for the Eastern District of Texas. The claim followed a May 28, 2024 windstorm at the home, according to the complaint.
The coverage was lender-placed. After United Wholesale Mortgage took out force-placed hazard insurance, the $6,093 annual premium was charged through the homeowner’s mortgage or escrow account, the filing says. A Texas endorsement, according to the complaint, defined “you” and “your” to cover both the mortgage company and the borrower – which the homeowner says makes him an insured entitled to payment…