Author Topic: mortgage insurance  (Read 1348 times)

luigi49

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mortgage insurance
« on: January 13, 2014, 01:13:42 PM »
My HOMEOWNERS insurance go up every year.  Does your go up every year? thanks
« Last Edit: January 13, 2014, 02:35:56 PM by luigi49 »

Frankies Girl

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Re: mortgage insurance
« Reply #1 on: January 13, 2014, 01:51:52 PM »
Did you mean private mortgage insurance (PMI) or homeowner's insurance?

I've had my homeowner's insurance fluctuate and I do periodically shop around to see what other companies offer, and I've gone in and adjusted my deductibles and checked about any discounts every year. You also have to take into account any catastrophic conditions (redrawing of flood plains, recent claims by their pool of insurers that make them think your area is a risk for something, etc...) You can always call them up and ask why they're raising your rates every year.

Might be time to shop around?

luigi49

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Re: mortgage insurance
« Reply #2 on: January 13, 2014, 02:35:18 PM »
Did you mean private mortgage insurance (PMI) or homeowner's insurance?

I've had my homeowner's insurance fluctuate and I do periodically shop around to see what other companies offer, and I've gone in and adjusted my deductibles and checked about any discounts every year. You also have to take into account any catastrophic conditions (redrawing of flood plains, recent claims by their pool of insurers that make them think your area is a risk for something, etc...) You can always call them up and ask why they're raising your rates every year.

Might be time to shop around?

sorry for the brain fart.  Being monday and at work,  I meant Homeowners insurance.  Thanks for reply