How much homeowner's insurance do I need?

Answer On One Hand: Don't Buy Too MuchThe National Association of Insurance Commissioners recommends that homeowners buy insurance equivalent to 80 percent of the home's value, so that the insurance compa... Read More »

Top Q&A For: How much homeowner's insurance do I need

How much homeowners insurance do you need?

On One Hand: Do Your HomeworkAt a rate of between 0.3 percent and 1 percent of the cost of the home loan, Americans spend an average of about $481 annually on homeowners insurance, also known as h... Read More »

Do I need homeowners Insurance after I pay off my mortgage?

Only a lien holder can require a borrower to carry insurance.

How much is homeowners insurance in ma?

As of 2006, the average homeowner in Massachusetts paid $925 per year for homeowner's insurance, making it the eighth most expensive state in the USA.Source:Homeowners Insurance

How much homeowners insurance is enough?

Buying insurance can sometimes seem costly, but it is also something that a homeowner can't afford to be without. In fact, in most cases where a mortgage exists on the property, the homeowner will ... Read More »