When Do You Need To Get Home Insurance?
- 14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482Homeowners' Insurance will be required by your Mortgage Company in order to schedule the closing of the sale. Some require that the subsequent year's premium be collected in your monthly mortgage payments and held in an escrow account until billed, others do not. In all cases here in Connecticut, you will be required by your mortgage company to pay the first year's premium in full.Answered on September 16, 2014flag this answer
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