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What is mortgage insurance vs homeowners insurance?


Asked By: Ranbir Pandya



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6 Answer(s) Available

Former Doctor at All India Institute of Medical Sciences Coding Mesa United States


Unlike PMI, homeowners insurance is unrelated to your mortgage except for the fact that mortgage lenders require it to protect their interest in the home. While mortgage insurance protects the lender, homeowners insurance protects your home, the contents of your home and you as the homeowner.

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71

Town And Country Planner Telecom Ui Sharepoint Affiliate Raipur India


Mortgage insurance vs. home insurance. The key difference between mortgage insurance vs. home insurance is who it protects. Homeowners insurance mainly

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3

Deaf Students Teacher Counseling Ghaziabad India


How Is Homeowners Insurance Different From Mortgage Insurance? While homeowners insurance covers you if something goes wrong with your

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1

Student at Kendriya Vidyalaya Outreach Marketing El Paso United States


Homeowners insurance protects the assets of both the borrower and the lender against qualifying events, such as fires or storms, while mortgage

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Worked at Tata Steel Instrumentation Long Beach United States


Homeowners insurance pays you if there's theft or damage of your property (house or possessions). By contrast, mortgage insurance pays your

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Sales Representative (Computers) Continuous Improvement Project Management Skills Meerut India


Homeowners insurance is financial protection for you and your home in the event of property damage or an accident, whereas mortgage

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