Articles for tag: FHA Loan, Homeowners Insurance

Karla News

FHA Loans, and Knowing Your Responsibilities

Buying a home FHA means you have a great opportunity to get a great loan for your new home. There are responsibilities that come with buying a new home, and those responsibilities include getting an appraisal on your home, getting an inspection, and getting homeowner’s insurance. When buying a home with an FHA loan, this ...

RCV, ACV, Depreciation and My Homeowner’s Claim

In recent years, the homeowner insurance industry has taken a huge financial impact attributed to catastrophic events. For many homeowners the emotional distress with a damaged home is further compounded by the frustration within the interpretation of damage estimates and the method in which homeowner insurance companies settle claims. To ease the frustration, the homeowner ...

Karla News

10 Common Homeowners Insurance Questions Answered

The most common homeowners insurance policy in the United States is the Homeowners-2 or the HO-3 policy. For the sake of simplicity let us take up the most common homeowners insurance questions asked about this policy and answer them. The other homeowners policies are variations of this and hence these answers will be helpful for ...

Karla News

Homeowner’s Insurance Policy; What Are Special Limits of Liability

For every homeowner, protecting the most important asset, your home, is crucial. As a general rule, homeowner’s insurance policies provide the necessary dwelling protection up to the value of the property or, in lender forced coverage, to the limit established by financial principal balances. In addition to dwelling coverage, the homeowner’s policy will provide coverage ...

Karla News

Purchasing House Insurance in Florida

Purchasing house insurance in Florida could cost you a small fortune. The secret to saving money on homeowners insurance is to shop around. House insurance in Florida is offered by numerous companies. Price of homeowners insurance can vary by $600-$3,000 or more a year. Find out which insurance company is right for your house insurance. ...