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Homeowners insurance is required when getting financed for a home mortgage loan and buying a house. Not only does it protect the lender, it protects you, the buyer, in case something terrible like fire happens. So keeping the fact that it’s mandatory in mind, first time home buyers may want to plan out how to make it affordable. Saving money is always great!
Let’s take a look at a few tips we dug up to save money on your insurance.
So as you look at houses, keep in mind you’ll need to roll homeowners insurance into your payment. Talk to a mortgage adviser about your buying power. Let us know how we can help.
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