MORTGAGES: The High Price of ‘Forced’ Insurance

By LISA PREVOST BORROWERS who allow their homeowners’ insuranceto lapse will often get stuck with a bill for much more expensive coverage, courtesy of their lenders. Called force-placed or lender-placed insurance, these policies protect banks’ interests when borrowers fail to follow through on the standard loan requirement that they maintain continuous coverage on their home.

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Flood insurance too late for some, helpful for others

After the shocking realization of how devastating flash floods can be, many in our region are starting to clean up and move forward. Some, however, have a little more help than others.

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Flood insurance premiums may rise in U.S.

By Ashley A. Smith An extension to the National Flood Insurance Program could mean stability to home buyers, but brings with it the possibility of much higher premiums. “The first thing it does, and this is very important, is it brings stability to local real estate sales,” said Joan LaGuardia, spokeswoman for the Lee County

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When it comes to fire, home policies have you covered

  By LESLEY MITCHELL | The Salt Lake Tribune David Taylor and his wife, Janice, were devastated by the loss of their home in Indianola to fire over the weekend. But the Sanpete couple say the real shocker came after they called their insurance company. “We weren’t really sure what to expect,” said David Taylor,

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Ruling ‘a big deal for homeowners’

  By Greg Bluestein  The Atlanta Journal Constitution   A Georgia Supreme Court ruling is shaking up the way insurance payments for damaged real estate are doled out, and it could have big consequences for homeowners across the state.  The court’s ruling found that home or building owners can now get special “diminution of value” payments

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Curbing your Home Insurance Costs: A Few Tips

Mike Wheatley Curbing your Home Insurance Costs: A Few Tips Whilst the value of the average American home may not have changed much in recent months, the cost of protecting that home certainly has. Home insurance premiums have noticeably ‘bumped’ up of late, and now homeowners are left wondering if there’s anything they can do

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How title insurance can help protect home investments

KVUE News How title insurance can help protect home investments Article http://www.kvue.com/news Sales of single family homes are on the rise. Buying a home is a huge investment and some choose to protect that investment with title insurance.Chairman of the Austin Board of Realtors Judith Bundschuh spoke to KVUE about what title insurance is and

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Home Insurance Essentials for the Winter

MarketWire Home Insurance Essentials for the Winter Article http://www.marketwatch.com/ LONDON, UNITED KINGDOM, Oct 14, 2011 (MARKETWIRE via COMTEX) — Unpredictable British winters can be extremely harsh on our homes, which are vulnerable to storm and frost damage during the colder months. Whilst home insurance should protect you against unforeseen events, it comes with excess payments

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Is your home underinsured? Important advice to help guard against unpredictable

newsnet5.com staff underinsured? Important advice to help guard against unpredictable Article http://www.kjrh.com/ CLEVELAND – It’s been a bad year for homeowners, with hurricanes and wildfires. If disaster strikes and destroys your home, there could be another disaster lurking – your insurance company may not pay enough to rebuild. Sixty-four percent of American homes are underinsured,

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State offers home insurance check off tips

Craig McMorris State offers home insurance check off tips Article http://www.wnem.com/ The state of Michigan is offering tips to homeowners to make sure they have the proper insurance coverage for their homes. Read Article | Comment it

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