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Do you have to get mortgage insurance when buying a house. not house insurance, mortgage insurance?

admin — Fri, 21 Nov 2008 01:10:50 +0000

WELDER asked:

isn’t mortgage insurance for if you die, the loan will be paid off? if so wouldn’t life insurance do the same, so why is mortgage insurance needed. Must you have it or is it just a option?

House Insurance?

admin — Fri, 31 Oct 2008 09:49:00 +0000

dontknow86 asked:

Im with Nation Wide Ins. in Ky. Ive never made 1 claim and my Insurance is skyhigh Ive moved out of this house into my new house and it doubled for the house that is for sale ? Who has better or Lower Co. Ive got lots of things insu. thru them NOT 1 claim in 13 yrs.
Its a brick home 1200 sq ft. 3 bed 2 bath w/basment
Its NOT in a flood area.

What do I look for when buying homeowners insurance?

admin — Tue, 28 Oct 2008 21:07:41 +0000

Jonesy asked:

I am closing on a home on 9.26 and was told to purchase homeowners insurance. It is my first home and I am not sure what I should be asking and/or looking for in a carrier. I live in Minneapolis, MN if that helps at all.