Sentences with phrase «risk than homeowners»

Did you know that the vast majority of people in rental properties are at a greater risk than homeowners when it comes to crime, theft, fire, and vandalism?

Not exact matches

With monthly payments on the order of $ 30 and mobile service at risk, phone owners should be far more likely to stay current on their payment plans than overburdened homeowners at the height of the housing bubble.

Since 1957, the MI industry has helped more than 25 million families become homeowners while protecting the taxpayers and the federal government from mortgage credit risk.

Due to this risk reduction that homeownership implies, the interest rate on any loan type that a borrower owning a property applies for, will be significantly lower than those for non homeowners.

Renters insurance in Sonoma County has to cover an entirely different set of very diverse risks than California homeowners insurance would.

For loans that receive a «refer» risk classification from TOTAL Mortgage Scorecard (TOTAL) and / or are manually underwritten, the homeowner's total monthly mortgage payment, including the first and any subordinate mortgage (s), can not be greater than 31 percent of gross monthly income and total debt, including all recurring debts, can not be greater than 50 percent of gross monthly income (these are very rarely accepted and if this is the outcome of initial underwriting, other options should be considered)

Furthermore, more than 4 million homeowners nationally are currently delinquent on their mortgage payments, and at risk of defaulting

You will usually need to pay a higher interest rate than a bank mortgage because this is a higher risk for the homeowner.

In general, the costs and risks of getting a reverse mortgage are greater than the cumulative increase in Social Security payouts that homeowners get by waiting until full retirement age to claim benefits.

Slightly more than half of U.S. businesses are home based, and people who run businesses from their own homes often assume that their homeowners insurance provides sufficient coverage.1 This misconception may expose them to a considerable amount of risk.

A residential homeowners» insurance policy covers far fewer risks for a lower premium than a commercial policy.

Ensure your homeowners insurance covers associated risks, especially considering the state has a higher - than - average number of burglaries.

Homeowners with a swimming pool, for example, have a higher liability risk than those that do not.

Or, if you live on the beach, your homeowners insurance will be higher due to risks of flooding, hail, hurricanes, and so forth, than it would if you lived somewhere like the Midwest, where there are fewer weather hazards.

The main reason homeowners who have their houses paid off get home insurance at cheaper rates is because they're seen as less of a risk when it comes to insurance claims than, say, someone who is upside down in debt.

Because certain risks increase with an unoccupied property, vacant house insurance is typically more expensive than a standard homeowner policy.

Since losses are shared among all occupants, the rates are much lower as risks for claims tend to be lower, and claims loss payouts are also less than homeowner's insurance.

Landlord insurance is typically more expensive than traditional homeowners insurance as there are more risks when tenants are involved.

Even though the crime rate in Massachusetts is lower than the national average, homeowners still have to be aware of the risk.

You will have to weigh the risks and determine if you need more homeowner's insurance than you have in your existing policy.

A consumer with credit on the cusp of fair to good can expect to pay more than a third more on their homeowners policy premiums than someone with excellent credit, and with good reason: insurance claims may be more common and expensive than other policies, and with the higher price comes a greater financial risk to the policyholder.

For example, a homeowner living in a wildfire - prone area would pay a higher insurance rate than a homeowner living in a low risk area.

As a landlord, you have different risks than a traditional homeowner.

As a landlord, you are now faced with unique risks, and you may need more protection than an average homeowners policy provides.

A parent's homeowner policy may have more coverage and cover more risks than a basic starter renter policy or a college student insurance policy.

When it comes to crime, Mount Prospect is hardly a high risk area, but since property crime in Cook County is higher than the state average, some parts of the area may carry a higher risk rating, which can push up Mount Prospect insurance rates for homeowners and drivers.

It may come as a surprise, but renters are more at risk for theft than homeowners are.

Your risks of having an auto claim are a little better than 1 in 200, a homeowners claim is even more remote, but one in two will be in a nursing home.

Newsflash: Individuals who rent in Rochester, Minnesota, are at a greater risk of financial losses due to theft and other crimes than are homeowners.

Renters insurance in Sonoma County has to cover an entirely different set of very diverse risks than California homeowners insurance would.

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.

Homeowners in Massachusetts pay higher - than - average rates for their home insurance coverage, mainly because of the higher home values in the state and because of the hurricane risk for those near the coast.

This is why renters are at a higher risk of financial loss than homeowners.

You can expect a landlord insurance policy to be more expensive than a traditional homeowners policy; when tenants are involved, you face a greater risk of loss, damage and liability.

Condo insurance is significantly less expensive than traditional homeowners insurance because there are fewer inherent risks when the exterior of a building is already covered separately.

This added risk means that a mobile home policy may cost more than traditional homeowners insurance.

This elevated risk for tornado activity and wind damage can cause homeowners insurance rates in this area to be higher than in other cities.

RAND Corporation recently looked at data from Superstorm Sandy and found that the majority of homeowners living in higher - risk areas actually earn less than $ 100,000 a year.

«This problem affects far more than coastal communities, and prospective homeowners aren't the only ones at risk.

Raccoons are one of the most common hosts of rabies, which is why it's important that homeowners work with a pest control professional to remove them for good rather than do it themselves and risk being bitten, according to the NPMA.

«The shift toward earlier disposition of distressed properties continued in the third quarter as both lenders and at - risk homeowners are realizing that short sales are often a better alternative than foreclosure,» says Daren Blomquist, vice president of RealtyTrac.