Protecting your Real Estate- All About Homeowners Insurance

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Home Securityl
Dec 27, 2006
lViews: 399

Protecting your Real Estate- All About Homeowners Insurance

California law prohibits a lender from requiring the borrower to carry fire insurance in excess of the replacement value of the improvements on the property, even if this is less than the loan amount. However the borrower’s property insurer must establish replacement value.

By:
Joe And Colleen Lanel
Home Improvementl
Dec 27, 2006
lViews: 209