Monday, July 7, 2014

Whose name goes on a home insurance policy?

A lot of choices go into obtaining a mortgage. For example, you need to pick between a home mortgage ratesfixed price or an adjustable rate. Additionally, there are various mortgage programs offered to you, such as a conventional financing, an FHA financing and also a VA financing.

Dear Insurance Adviser, I'm 37, and my mom has lived with me all my adult life due to her low-income job. We purchased a home in both our names in 2009. After her retirement last year and given that she relies solely on Social Security income, I refinanced the home in just my name....Whose name goes on a home insurance policy?

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