Is hazard insurance the same as homeowners insurance?
Is hazard insurance the same as homeowners insurance?
While policies can differ from company to company, any regular homeowner’s insurance scheme will come down to ‘Hazards Insurance Vs Home Insurance’.
What makes a home uninsurable?
In the housing market, an uninsurable property is one that the FHA refuses to insure. Most often, this is due to the home being in unlivable condition and/or needing extensive repairs.
Why would you be refused home insurance?
You can be refused homeowners insurance based on your claims history or credit score, or due to underwriting risks such as having a pool, an old roof, or a vicious breed of dog.
