Home Building And Contents Insurance I Need Help With Home Insurance?

2:52 AM

I need help with home insurance? - home building and contents insurance

that an insurance company needs to buy a house? Structure and content as needed?


Posted by Katrina Broadus

5 comments:

Wendy S said...

Depending on the type to buy at home then.

When you buy a house, then the mortgage companies only that are covered at home. All homeowners policies are periodically with the personal property / contents cover, and it's something you want anyway.

Housing policy are not satisfied with coverage, but coverage is not as wide as an owner policy. The price may be higher or lower than the owners for the airline to book the same period.

I definitely recommend policies to regulate the owners. Absolutely.

If you buy a condo or a house mortgage are, may only require a demonstration that the association for the construction, or they may request that your luggage unitowner own policy, parts of the building intended club. Varies from one lender to another, but that was really the policy independently unitowner. These measures are generally add at least some coverage for personal property, and you can others.

Inboth cases, it may also be required to provide insurance against floods separate insurance for hurricanes, earthquakes. Depending on the state where you live, the exceptions in the policies of the owners and the needs of your lender.

Good luck!

January 17, 2010 at 7:34 PM
Anonymous said...

If you have a mortgage on a house, are required to subscribe for the accommodation, which is the coverage of an insurance policy. This will ensure that the Bank) (lenders, who received his money, in the case of total loss.
Are insured must be equal to the replacement cost, and most lenders also want the political costs replacemet (125-150%) distributed. A comprehensive home insurance cover this and cover the property of their personal property (contents). There are many other covers that are part of this policy.
LISA is an error (below). Housing policy of the fire are more expensive than homeowners insurance cover vandalism, theft, burglary, water, widespread replacement!
Some lenders accept custom housing policies of the fire because of the exclusion.

January 18, 2010 at 2:23 AM
mbrcatz said...

Not required if you have a loan. If you have a loan, the lender must provide to CASA. No content, no responsibility, just the house.

However. It is much more expensive to insure only the house, whether you buy the package of "ownership" of policy. How to buy a home $ 100,000 in political independent, for about $ 1,500 or $ 500, you can get coverage for home and contents, and other structures, besides the loss of use, more responsibility, more medical payments.

That way, people can tend to buy the cheapest policy with more coverage - not the "minimum" to meet the requirements.

Just as when you buy go to a restaurant dinner "package for $ 15, includes bread, salad, main course, maybe two cars and part of the starch, salt and pepper, ketchup, etc. If you have purchased the ALA-card pay, it would be a lot more. And when you say, well, I do not want tomato sauce, do not roll or are not getting a discount on food.

HopefullyHelp.

January 18, 2010 at 2:16 PM
Lisa said...

The mortgage company will require the reporting of only the building but all the measures include automatic coverage for contents. Other measures, such as a housing policy that the fire cover only the building but they are usually more expensive than a policy owner.

January 18, 2010 at 9:42 PM
chaychay... said...

The mortgage company only with the construction involved, and that the coverage is more than the loan amount.

January 19, 2010 at 5:23 AM

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