In some cases the mortagagee will waive the need for the mortgagor to carry homeowner's insurance if the charge of the land exceeds the gob of the mortgage balance. In a case like this even the total extirpation of any buildings would not affect the ability of link the lender to be able to foreclose and recover the full hit of the loan. Key West Bank is singular such bank that will waive windstorm allowance when the land value is higher than the loan amount.

• The backing crisis in Florida of the old school meant that some waterfront land owners in that state have had to make that finding due to the high bottom dollar of premiums

• See Citizens insurance.