homeowners insurance: All About Homeowners Insurance.....
- 01/06/11 04:10 AM
All About Homeowners Insurance Everybody who owns a home should get insurance on their property, and everyone who has a mortgage on their home MUST get an insurance policy. The lender will force you to carry a policy that covers fire and hazard insurance in order to protect their investment. In places like Florida you will also be required to take out windstorm insurance (i.e. protection against hurricanes). If you don't take out your own policy, the lender will take one out for you (which will be more expensive than the one you would have gotten) and bill you for it.
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