Borrower (mortgage life) insurance in France for US residents
Living in the United States and buying or owning property in France? Many French insurers decline non-residents. We look for solutions.
US residents with a French mortgage often find that insurers or banks decline them. CSPM, a broker in Cannes and Paris, looks for a solution, subject to your profile and the insurer’s acceptance.
Why US residents are often declined
Many insurers, including those tied to banks, do not insure borrowers who live outside France. Yet a US resident can perfectly well own a home on the French Riviera or a flat in Paris: the loan is French, the property is French, but the borrower lives in the United States.
What we can do
- Place borrower insurance for you when your bank cannot
- Replace your current policy (substitution)
- Check that cover matches what your bank requires
- Work with you by phone, WhatsApp or e-mail, from any time zone
Typical cases
- A second home on the Riviera
- A pied-à-terre in Paris
- A rental investment in a large French city
How it works
- You contact us by phone, WhatsApp, e-mail or at the agency: free analysis, no commitment.
- You send your documents: loan offer, current insurance contract (if any), amortization schedule, ID or passport.
- We study your situation and look for solutions with the insurers we can offer.
- You choose, and we handle the steps with your bank.
Frequently asked questions
Can a US resident get borrower insurance for a French mortgage?
Often yes, but not with every insurer. We study your case and look for a solution. Acceptance depends on the insurer.
Do I need to come to France?
Not necessarily. Most steps can be done remotely by e-mail, phone or WhatsApp.
Is the cover in euros?
Your loan is in euros, so the cover relates to the outstanding loan amount in euros.
See also
- Borrower insurance in France for non-residents
- Buying property in France from the USA: mortgage insurance, step by step
- Changing your mortgage insurance in France when you live abroad
- Choosing your own insurer for a French mortgage as a non-resident (delegation)
- Cancelling your borrower insurance in France from abroad
- Second home on the French Riviera: mortgage insurance for non-residents
- Questions and answers
General information, not legal advice. Cover and acceptance depend on your profile, your project and the insurer’s decision.