I am being foreclose on after filing for Chap 7. I have 4 months left until my redemption period ends and I found out that I need to insure the dwelling until then. Do I insure it for the amount that the lender bought it back for or the amount of what the home is worth? The value because of the neighborhood issues is $60,000 less than what was owed on it.Lender bought it back for $95,000 (our loan had PMI on it) and it is worth $37,500 according to online. Which should I insure it for as a "replacement" price if it burns own? Thanks.