Home Insurance can be changed at any time. A homeowner can cancel his or her insurance at any time and purchase a policy from another carrier. The unearned portion of paid premium will be returned to the Insured in an expeditious manner.
A bank or mortgage company is not permitted to require a homeowner to purchase insurance from any specific insurance company. For homes not insurable under Preferred Home Insurance Programs, there are some Sub-Standard Programs which will accept homes which are not in the best of repair or which are declared a high risk to carriers, in the absence of an insurance market for the home, most States have a Fair Plan which will accept the risk sometimes on a Fire Only basis.
There is a link available providing an online format to obtain a quote and buy home insurance online in multiple States; it may be used by Escrow/Closing Professionals, Mortgage Professionals, Real Estate Agents and directly by Consumers. An exemplary online experience for all! http://hda.stillwaterinsurance.com
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A bank or mortgage company is not permitted to require a homeowner to purchase insurance from any specific insurance company. For homes not insurable under Preferred Home Insurance Programs, there are some Sub-Standard Programs which will accept homes which are not in the best of repair or which are declared a high risk to carriers, in the absence of an insurance market for the home, most States have a Fair Plan which will accept the risk sometimes on a Fire Only basis.
There is a link available providing an online format to obtain a quote and buy home insurance online in multiple States; it may be used by Escrow/Closing Professionals, Mortgage Professionals, Real Estate Agents and directly by Consumers. An exemplary online experience for all! http://hda.stillwaterinsurance.com