You don’t know when disaster will strike your house. It may happen while you sleep this evening or when you are away. Make sure you read over the policy before making a final decision.
You can save money paying your home insurance if your mortgage is paid off. Companies that provide people with insurance think that those that buy homes are more responsible than renters. If you pay your mortgage fully, your insurance premiums will fall.
Paying off your mortgage can lower your homeowners insurance costs. If you are in the position to pay off your mortgage, your insurance company is likely to give you a break for not owing any money on … Read the rest