Homeowners insurance

by Andrew01 » Fri May 22, 2015 06:33 am

What factors can affect homeowners insurance premiums?Am I required to have homeowners insurance if I own a home?

Total Comments: 7

Posted: Wed Jun 03, 2015 11:18 pm Post Subject:

I am not personally in the underwriting business but from I have been told, the main factors are going to location, valuation and background of the insured.
You are not required to have homeowners insurance simply because you own a home however, if you have a mortgage they will most likely require you to insure the property in order to protect their investment.
That being said, to go without insurance can be very risky.

Posted: Wed Jun 24, 2015 04:21 pm Post Subject:

Even if it's not required, home insurance is extremely useful for many reasons. Homeowners insurance can extend from property insurance on the outside to contents insurance on the inside. It also may cover liability as well, just in case someone is injured at your home.

But there are also some downsides to home insurance. Find more info at Insurance Center Associates.

Posted: Mon Jun 29, 2015 06:10 am Post Subject:

No, its not required to have your home insured. But having a homeowner's insurance policy can save you thousands of dollars if your home is damaged or destroyed in any way

Posted: Tue Jul 21, 2015 10:49 am Post Subject:

Purchasing real estate is huge investment and requires financial security for both individual and businesses. So it is very important to have title insurance to protect yourself from any financial losses due to unforeseen situation and circumstances. For more information consult real estate attorney South Florida [link deleted as per TOU].

Posted: Sat Apr 30, 2016 10:02 am Post Subject:

I think It is very helpful for your home. You should do it. If you have no more idea you can contact other agent or any insurance company. I know ([Deleted per TOU] is a good insurance company. They can give you what you should do.

Posted: Tue Oct 18, 2016 03:25 pm Post Subject:

Location, deductibles, credit score etc. are some of the factors which affect the premium of home insurance.

Posted: Tue Oct 18, 2016 03:28 pm Post Subject:

Location, deductibles, credit score etc. are some of the factors which affect the premium of home insurance.

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