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Even though it may not be required by law, mortgage lenders typically require you to carry homeowners insurance. When you take out a mortgage or other type of home loan, the bank has a financial ...
Home insurance is not legally required in any state. However, it is generally a good idea to have coverage in place to protect against the risk of financial loss.
He doesn’t know what prompted the sudden notices, but his daughter suspects the insurer might have used aerial images to scan the house for defects — a growing trend among insurance companies.
Swimming pools: Some home insurance providers may not issue policies to homeowners with swimming pools, while others may require specific safety criteria in order to insure the home. Depending on ...
State and federal laws do not require homeowners to purchase home insurance. However, if you finance a house, the lender will likely require you to carry homeowners insurance. If your home is paid ...
Unfortunately, not many. Insurance companies are required to give homeowners a certain amount of notice before dropping their policy, and the range of time (usually between 30 and 60 days) varies ...
In many cases, a home inspection is required in order to obtain a homeowners insurance policy. Insurance carriers need to understand the level of risk they are taking on by insuring your home in ...
What's Covered in Home Insurance, Section II Section E covers liability. This is typically for property damage or personal injuries to third parties, due to the neglect of the insured.