INSURANCE QUOTESSTART HERE Mortgage Clause or Mortgagee Clause Mortgage Clause or Mortgagee Clause covers mortgaged properties. Mortgagees will be paid reimbursement, without changing recovery rights. Home Insurance Articles Total Loss Total Annual Loan Cost Adhesion Insurance Contract Additional Living Expense Loss Ad Valorem Accelerated Depreciation Replacement Cost Peril Non Recourse Mortgage Named Perils Home Insurance Resources Home Insurance Definitions Home Insurance Q&A