u/Better-Scientist272

I switched home insurance to mercury 2 years ago - saved a decent amount. But when the policy came up with renewal in January this year the renewal notice said mortgagee is responsible for payment. That’s how my previous policy worked and had no issue. So I took no action. Fast forward to today mortgage company says I don’t have insurance and they’re going to buy it for me at 5x the cost. Mercury didn’t send me any notices after the renewal notice just cancelled. I used paperless billing so I can see all notices online so this isn’t a case of lost in the mail. Mortgage company says they didn’t get anything. I can get a new policy but they can only start it from today which means the mortgage company will buy for the lapsed period - about $3k - which is more than my savings of switching. Am I the idiot here? Or did mercury violate some obligation on their side that I have a hope of complaining about. I’m located in New Jersey in case it matters. Thanks for any advice.