Can I cancel PMI after 1 year?
Can I cancel PMI after 1 year?“After you've been on the loan for one year, the lender should automatically dissolve...
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What percentage of people don’t have homeowners insurance?
What percentage of people don't have homeowners insurance?About 64 percent of homeowners don't have enough insurance, according to CoreLogic's Residential...
What is the 7 year boundary rule?
What is the 7 year boundary rule?Some believe that there is a 7-year limit on adverse possession, meaning that a...
What is HO6?
What is HO6?An HO6 insurance policy is homeowners insurance for those who own a condominium or co-op unit. As a...
What are some examples of pure risks?
What are some examples of pure risks?Pure risks are risks that have no possibility of a positive outcome—something bad will...
Why are older homes more expensive insurance?
Why are older homes more expensive insurance?Older homes are viewed by homeowners insurance companies as higher-risk than newer homes —...
Is my garage roof covered by insurance?
Is my garage roof covered by insurance?In a few cases, roof repairs are fully covered by insurance. However, this is...
Which is better replacement cost or actual cash value?
Which is better replacement cost or actual cash value?While actual cash value is cheaper, replacement cost provides better coverage since...
How much is a 3.5 down payment house?
How much is a 3.5 down payment house?Often, a down payment for a home is expressed as a percentage of...
What can insurance protect you from?
What can insurance protect you from?It provides protection against theft, damage from perils like fire and water, and financial responsibility...
