What is hazard insurance?

Posted on Saturday, July 14th, 2007 at 2:12 pm.

Hazard insurance (often referred to as homeowner's insurance) is the insurance that covers your house in the event of damage. The lender almost always requires you to buy this insurance as a condition of getting the loan.

Any major insurance provider can offer hazard insurance. You can also contact your auto insurance company, as it's likely they offer hazard insurance and give you a discount for having both.

We also have several insurance agents we trust, and we'll be happy to make a recommendation.

Direct Link to this FAQ: DROdio.com/faq/?p=15

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