What Homeowners Insurance is Required by Mortgage Companies?

0,000 worth of liability insurance, but if you have a lot of assets you want to protect from a lawsuits you can purchase more.

Additional living expenses – This coverage pays for your living expenses when you have to move out of your home because of a fire or natural disaster. It pays your hotel and restaurant bills while your home is being repaired or rebuilt. Most policies provide coverage equal to 20% of your home coverage. You can increase this coverage if you feel you need to.

Getting Cheap Homeowners Insurance

The best way to get cheap insurance from a reliable company is to visit an insurance comparison website where you can compare rates from a number of companies. Some of these sites even have an insurance expert on call so you can get answers to any questions you may have. (See link below.)

Visit http://www.LowerRateQuotes.com/homeowners-insurance.html or click on the following link to get homeowners insurance quotes from top-rated companies and see how much you can save. You can get more insurance tips in their Articles section.

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