Insurance

Homeowners Insurance Information
When you insure your home, you should insure your home for the total amount it would cost to rebuild your home if it were destroyed.

PMI Cancellation
Mortgage insurance can usually be canceled by the home buyer after he or she has at least 20 percent equity in the home.

Private Mortgage Insurance (PMI)
Private mortgage insurance is a type of insurance that helps protect the mortgage company against losses due to foreclosure. This protection is provided by private mortgage insurance companies and allows mortgage companies to accept lower down payments than would normally be allowed.

Title Insurance
A policy of title insurance is a contract of indemnity between the insured and the insuring company relating to the title to the land described in the policy, protecting the insured against loss of damage by reason of defects.

Issuance of Title Insurance Policy
An owner's policy protects only the owner while a mortgage policy protects only the holder of the mortgage on the property. Separate policies are required to protect both interests.

Title Insurance FAQ
Get answers to common title insurance questions.

Flood Insurance
Flooding is not covered by a standard homeowners insurance policy.