Is hazard insurance required for a home?

Sophia Patel | 2023-05-07 23:44:19 | page views:1759
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Benjamin Stewart

Works at the International Energy Agency, Lives in Paris, France.
Hazard insurance protects a homeowner against the costs of damage from fire, vandalism, smoke and other causes. When you take out a mortgage, the lender will require you to take out hazard insurance to protect their investment; many lenders will incorporate the insurance payment into your monthly mortgage payment.
2023-05-09 23:44:19

Lucas Harris

QuesHub.com delivers expert answers and knowledge to you.
Hazard insurance protects a homeowner against the costs of damage from fire, vandalism, smoke and other causes. When you take out a mortgage, the lender will require you to take out hazard insurance to protect their investment; many lenders will incorporate the insurance payment into your monthly mortgage payment.
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