Because homeowners premiums can vary from city to city, the purpose of the study was to bring clarity to the true cost of owning a home in these places.
Because homeowners premiums can vary from city to city, the purpose of the study was to bring clarity to the true cost of owning a home in these places.
Not exact matches
Secondly, existing
homeowners may decide not to move
because they can't afford it, «as prices of trade - up homes and
premium homes start to get out of reach,» he said.
This is
because the agency charges adds a mortgage insurance
premium (MIP) to all of its loans, which is billed to
homeowners monthly.
This means that the cost of home ownership in the immediate affected areas could be higher, as
homeowner's insurance
premiums may increase
because of the catastrophe.
Fewer loans have gone bad and,
because of a change in how the FHA cancels MIP, the agency has been collecting bigger mortgage insurance
premiums from its
homeowners, over a larger number of years.
Homeowners insurance
premiums usually can not be deducted from a tax return
because most people only use their home for personal purposes — they live in it.
But even if that turns out to be the case, it doesn't mean you «wasted» the money you put into an annuity any more than people who paid
homeowner's insurance
premiums for years blew that money
because their house didn't burn down.
Not paying your
homeowner's insurance
premiums also puts the lender's collateral at risk,
because if your house burns down there's no insurance to pay the costs of rebuilding.
Every insurance company is different but typically if you file a claim for any amount, the cost of your
premium will increase
because you've essentially become a riskier and costlier
homeowner to insure.
Home fires often are the result of careless smoking, and many insurance companies will charge a higher
premium to
homeowners who smoke
because they're more likely to have a fire in the house.
Permanent insurance products are attractive to some
homeowners,
because as long as you pay the
premiums, the policy will stay in force.
Did you know that you might be paying a higher California
homeowners insurance
premium than your neighbor simply
because of the type of materials used to construct your roof?
Every insurance company is different but typically if you file a claim for any amount, the cost of your
premium will increase
because you've essentially become a riskier and costlier
homeowner to insure.
Homeowners insurance
premiums usually can not be deducted from a tax return
because most people only use their home for personal purposes — they live in it.
Traditional
homeowners insurance
premiums are based primarily on the amount of coverage you buy for your home, but condo insurance doesn't include this coverage at all
because your
homeowners» association insures the main structure.
It's a great advantage to be a renter versus an owner when the
premium comes due,
because your renters property insurance is much cheaper than a
homeowners policy, simply
because no real estate or physical dwellings need to be included.
Many people do not like to make claims against their own
homeowner's insurance
because it can affect their insurance
premiums negatively.
Because part of your policy will include a windstorm provision, one of the best ways to lower your
homeowner's
premium in Melbourne is to get a wind inspection.
In New Mexico,
homeowners insurance quotes are likely to be slightly different from company to company; this is
because one insurance company may interpret the risk factors of your situation as higher or lower than another, and will offer you an accordingly higher or lower
premium.
However, many
homeowners purchase a mortgage term life insurance policy
because it can offer lower
premiums and more flexibility.
Homeowners are now concerned that they may not be able to sell their homes
because anyone buying a property will be forced to pay the steep
premiums.
«
Homeowners nationwide, on the coasts and also inland, who are experiencing financial hardship
because of extreme and sudden
premium increases will feel immediate relief from this bill, which ensures a slow and steady phase in of risk - based increases.