Sentences with phrase «insured by your homeowners»

Your vehicle is not insured by your homeowners insurance policy, even if it's parked in your garage.

Very often, the dog owner is insured by a homeowner's policy that would pay out on these types of claims.

Not exact matches

But today, home buyers can put up as little as a 3 percent down payment for a Bank of America mortgage guaranteed by the government agency Freddie Mac (and 3.5 percent for an FHA - insured mortgage), leaving homeowners with 97 percent financialization.

The homeowner relief from Bank of America will target low - income communities where many residents have mortgages insured by the Federal Housing Administration, and includes plans to turn over vacant foreclosed properties to land banks and municipalities, and to chip in toward their repair or demolition.

«Homeowners are suffering terribly from this storm and we will continue to ensure that insurers do not abuse those they insure by not paying flood insurance or by forcing homeowners to pay big hurricane deductibles that just doHomeowners are suffering terribly from this storm and we will continue to ensure that insurers do not abuse those they insure by not paying flood insurance or by forcing homeowners to pay big hurricane deductibles that just dohomeowners to pay big hurricane deductibles that just don't apply.

Designed to allow older homeowners to borrow against the equity in their homes, most reverse mortgages are Home Equity Conversion Mortgages (HECM), insured by the Federal Housing Administration (FHA).

A higher deductible means more risk being taken on by the homeowner, and that additional risk makes it cheaper to insure the policyholder.

HECM reverse mortgage loans are insured by the Federal Housing Administration (FHA) 1 and allow homeowners to convert their home equity into cash with no monthly mortgage payments.2

The HOPE for Homeowners Program will refinance mortgages for borrowers who are having difficulty making their payments, but can afford a new loan insured by HUD's Federal Housing Administration (FHA).»

The federally - insured Home Equity Conversion Mortgage (HECM) reverse mortgage loan, created by the U.S. Department of Housing and Urban Development (HUD), has solidly proven its value to senior homeowners when processed by trustworthy and reputable lenders.

The only way to insure your home against flood damage is by purchasing a separate policy since your homeowners or renters insurance will not be enough.

Additionally, all reverse mortgages are insured by the Federal Housing Administration (FHA) 4 and non-recourse, meaning the homeowner will never owe more than the value of the home loan.

HUD or FHA do not make direct loans to consumers (homebuyers or homeowners) but FHA does insure loans that are funded by approved FHA lenders.

FHA's Energy Efficient Mortgage program allows homeowners to save money on their utility bills by offering assistance to add energy efficiency features to new or older homes as part of an FHA - insured home.

This is the peace of mind enjoyed by all homeowners who obtain a Federally Insured Reverse Mortgage.

Regulated by the U.S. Department of Housing and Urban Development (HUD), Home Equity Conversion Mortgages are insured by the Federal Housing Administration (FHA) and may help older qualified homeowners meet their financial needs easing money worries for greater peace of mind.

By enabling homeowners or home buyers to finance the cost of adding energy - efficiency features to existing or new housing as part of their FHA - insured home refinancing or purchase mortgage, the Energy Efficient Mortgages Program (EEM) helps them to save money on utility bills.

Keep your special day safe by knowing what to insure before the wedding, how to update your renters insurance after you get married, and what changes you should make on homeowners insurance after you get married!

For potential homeowners who want a home rehab loan insured by the Federal Housing Administration to take advantage of the low down payment of 3.5 % and flexible credit criteria, there are other benefits in store!

Additional insurance costs will be borne by all insured Florida homeowners, including the estimated 500,000 Canadians who own Florida properties.

It is specifically designed to help homeowners facing foreclosure refinance into low, fixed - rate loans that are insured by the government.

Energy Efficient Mortgages FHA's Energy Efficient Mortgage program (EEM) helps home buyers or homeowners save money on utility bills by enabling them to finance the cost of adding energy efficiency features to new or existing housing as part of their FHA insured home purchase or refinancing mortgage.

By comparison, 93 percent of homeowners said they were insured.

So if the homeowners can no longer make their mortgage payments (perhaps due to job loss or affordability problems), the bank will be insured by the federal government though the FHA.

The home was insured under a standard «all risks» homeowner's policy issued by Farmers» Mutual («Farmers») and arranged by Muskoka Insurance Brokers Ltd. («Muskoka»).

For example, a homeowner's insurance policy will normally include liability coverage which protects the insured in the event of a claim brought by someone who slips and falls on the property; automobile insurance also includes an aspect of liability insurance that indemnifies against the harm that a crashing car can cause to others» lives, health, or property.

Additionally, an insured can not be paid by two insurance companies for the same thing, and he must go through the initial insurance, such as homeowner's insurance, first before continuing with travel insurance companies.

According to a March 2014 Media Release (http://www.avivacanada.com/article/media-release-march-25-2014) by one of Canada's largest homeowner insurers: Aviva Insurance Company of Canada, water damage claims (including all insured types) accounted for 51 % of all property losses for the insurers» previous claims year.

Typically, your homeowners insurance pays for all costs caused by burglary damage even if your home's contents are not insured.

Buying homeowners insurance isn't required by law, but if you have a mortgage, your lender will likely require you to insure the home so it can protect its investment.

Homeowners insurance policies provide coverage for the cost of additional living expenses if your home is damaged by an insured disaster.

Certain expensive items such as laptops, cameras, watches, silver, gold, jewelry, furs, sports equipment, family heirlooms, etc. can be insured through homeowner's insurance policy by scheduling them.

If you live in an apartment your landlord is required by law to insure the actual structure with homeowners insurance, but this will not protect your valuables.

To offset the cost, you can lower your premium by increasing your deductibles for comprehensive and collision coverage, taking a defensive - driving course (if your insurer offers a discount for that), taking public transportation to work (less annual mileage means lower premiums), buying a homeowners or renters insurance policy from the same company that insures your auto or buying a safer car.

Many insurance companies are willing to offer discounts on their auto insurance policies if they are accompanied by the insured's homeowner's insurance policy.

But homeowners» or renter's insurance doesn't automatically mean every item under your roof is insured (if you're a renter, you know of course that your belongings are not covered by the property owner's insurance.

Keep your special day safe by knowing what to insure before the wedding, how to update your renters insurance after you get married, and what changes you should make on homeowners insurance after you get married!

Blaming claims fraud by contractors and attorneys, Heritage Property & Casualty is seeking rate increases averaging more than 14 percent for more than 150,000 homeowners it insures in Florida.

HECM reverse mortgage loans are insured by the Federal Housing Administration (FHA) 1 and allow homeowners to convert their home equity into cash with no monthly mortgage payments.2

In the US, there is a program insured by the FHA that allows homeowners to buy a property with just 3.5 % down payment.

Blaming claims fraud by contractors and attorneys, Heritage Property & Casualty is seeking rate increases averaging more than 14 percent for more than 150,000 homeowners it insures in Florida.

The federally - insured Home Equity Conversion Mortgage (HECM) reverse mortgage loan, created by the U.S. Department of Housing and Urban Development (HUD), has solidly proven its value to senior homeowners when processed by trustworthy and reputable lenders.