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  2. How to read a homeowners insurance policy

    www.aol.com/finance/read-homeowners-insurance...

    The most basic home insurance policy is an HO-1, which provides coverage on the structure of your home. An HO-2 is a step above the HO-1, as it covers your home and personal belongings for named ...

  3. What Is Mortgage Insurance? How It Works and Who Should ... - AOL

    www.aol.com/mortgage-insurance-works-000002463.html

    Mortgage protection insurance, or MPI, is a type of credit life insurance that pays off your loan if you die. It’s strictly voluntary, but it’s expensive — about 0.50% of your loan amount ...

  4. Mortgage insurance vs homeowners insurance: what’s the ...

    www.aol.com/finance/mortgage-insurance-vs...

    Mortgage insurance — sometimes referred to as PMI — financially protects your lender if you default on mortgage payments; homeowners insurance financially protects your home with coverage for ...

  5. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    In the United States, most home buyers borrow money in the form of a mortgage loan, and the mortgage lender often requires that the buyer purchase homeowner's insurance as a condition of the loan, in order to protect the bank if the home is destroyed. Anyone with an insurable interest in the property should be listed on the policy.

  6. Guide to homeowners insurance - AOL

    www.aol.com/finance/guide-homeowners-insurance...

    A guide to help you understand homeowners insurance policies and coverage types. ... is hurt in your home. If you have a mortgage, your lender will likely require you to carry homeowners insurance ...

  7. Interest rate insurance - Wikipedia

    en.wikipedia.org/wiki/Interest_rate_insurance

    Interest rate insurance protects the holder of a variable rate mortgage or loan from rising interest rates. It is generally offered independently of the original borrowing and typically as an alternative to a remortgage onto a fixed rate.

  8. Insurance score - Wikipedia

    en.wikipedia.org/wiki/Insurance_score

    An insurance score – also called an insurance credit score – is a numerical point system based on select credit report characteristics. There is no direct relationship to financial credit scores used in lending decisions, as insurance scores are not intended to measure creditworthiness, but rather to predict risk .

  9. What is mortgage insurance? - AOL

    www.aol.com/finance/mortgage-insurance-174421492...

    Mortgage insurance is an insurance policy that protects the mortgage lender, but the borrower is the one who pays for it. With mortgage insurance, the lender or titleholder is covered in case you ...

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