What Is the Difference Between an HO3 and HO8 Policy? – Detailed Comparison

Homeowners insurance

Homeowners insurance is a vital aspect of securing one’s home and peace of mind. Among the various policies available, HO3 and HO8 stand out for their unique coverage options tailored to different types of homes. Today, I will clarify the distinctions between these two policies, offering insights into their coverage, suitability, and practical implications for … Read more

Myths Vs. Facts About Escrow and Insurance – Learn the Facts and Protect Your Assets

Myths Vs. Facts About Escrow and Insurance

In real estate, an escrow account is typically used by your mortgage lender to pay property taxes and home insurance premiums on your behalf. This account is funded by a portion of your monthly mortgage payment. Many homeowners believe they are locked into their home insurance policy for the duration of their mortgage. This is … Read more