Coldwell Banker Sea Coast Advantage Blog

Buyer Tip: Don’t Forget Your Home Insurance!

Posted by Coldwell Banker Sea Coast Advantage on January 13, 2014 in  don bullard insurance  home insurance  home owner
If you purchase a house with a home loan, you are required by the lender to secure insurance before your funds are finalized. This is to ensure that if something happens to the home, the bank’s investment will be covered. Not sure what that means? Basically, if the house burns down, insurance will give you a certain amount of money, depending on your plan, to help rebuild the home the bank has invested in and replace personal possessions lost in the fire. If the same house burns down and you don’t have ... read more



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