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HO-8 policies: The HO-8 home insurance policy is designed specifically for historic homes or older ones that are more challenging to replace. This may be because the homes have to meet historical ...
A standard HO-3 home insurance policy covers many things, including your home’s physical structure, as well as other structures like a swimming pool or detached garage, your personal belongings ...
In 1972, "The Money Store" name was trademarked for advertising purposes to promote the various firms. The company was based in Union, New Jersey. It specialized in home equity loans and also was a large Small Business Administration lender. Baseball Hall of Famer Phil Rizzuto (with his "holy cow" ads) was a longtime advertising pitchman for ...
What is the 80/20 rule for home insurance? The 80/20 rule in home insurance is a suggested guideline to insure your home for at least 80 percent of its replacement cost.
In the United States, most home buyers borrow money in the form of a mortgage loan, and the mortgage lender often requires that the buyer purchase homeowner's insurance as a condition of the loan, in order to protect the bank if the home is destroyed. Anyone with an insurable interest in the property should be listed on the policy.
The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. [1]
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