Sentences with phrase «necessary as homeowners insurance»

Although it may not seem as necessary as homeowners insurance, you want to have additional coverage to keep your home safe and your possessions secure with flood insurance.

Not exact matches

Financial Assessment will require lenders to analyze potential borrowers» income sources and credit history to determine whether or not borrowers must have a mandatory set - aside of funds from proceeds to cover necessary expenses such as property taxes and homeowners insurance.

«The market for homes under $ 1 - million has become «red hot,» agents say, and that's at least partly because new rules brought in by Ottawa last year make it impossible to get a loan backed by mortgage - default insurance if the property is valued in the seven figures... The result: Bids for $ 999,999, or close to it, are increasingly common as even some wealthy would - be homeowners struggle to secure the necessary financing under new government rules.»

The only other obligations you'll have as a homeowner include keeping your home maintained, performing any necessary repairs, and staying current on property taxes and insurance premiums.

Some insurance companies require homeowners to obtain written jewelry appraisals as substantiation for replacement cost, if necessary.

Maintain a good credit history, only file insurance claims when they're absolutely necessary (insurance companies do keep track and share your claims history with a national database), and take advantage of discounts such as good student discounts, good driver discounts, and discounts for consumers who double up on home and auto insurance with a single provider, or life insurance and homeowners insurance just to name a few examples.