1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    Because if you do not have homeowners insurance and a catastrophe should strike your home you more than likely would not be able to financially afford to repay the mortgage and pay to have the home rebuilt. The other side is the liability coverage afforded by the homeonwers insurance policy. The other considerations are too numerous to list her. Contact a lcal agent to discuss coverage availability and pricing in your area.
    Answered on October 30, 2013
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