Do I need insurance when buying a house?

Do I need insurance when buying a house?

There’s no legal requirement to purchase so you don’t need home insurance, but if you are buying a house with a mortgage, the lender will usually require you to have buildings insurance to protect their investment. Feb 17, 2022

Can I keep extra money from insurance claim?

Leftover money from home insurance claims can be kept if you’re entitled to it per your policy. Before the check is written, insurance companies send a claims adjuster to assess the damage to determine the payout amount. Sep 15, 2021

What type of insurance agent makes the most money?

Overview of the Insurance Field While there are many kinds of insurance (ranging from auto insurance to health insurance), the most lucrative career in the insurance field is for those selling life insurance.

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