Force-placed insurance will not cover what a typical homeowners insurance policies cover. Since a force-place insurance policy is designed to protect the lender's interest, this coverage may not cover your clothes, jewelry, or other household items. Force-place coverage will not cover the medical bills of a person who was injured on the borrower's property, unlike homeowners insurance.
In order to get rid of force-placed insurance, a homeowner must obtain hazard insurance under a homeowner's insurance policy along with homeowners insurance. They must show proof of insurance to their lender. Your lender will cancel the force-placed insurance and refund any coverage costs you paid twice.