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If I have homeowner insurance do I also need to pay for haza

Posted on: 20th Jan, 2009 03:21 am
I am paying for homeowner insurance through an insuarnce company yet my mortgage lender is charging me for hazard insurance.
homeowner's insurance = hazard insurance. this is one and the same thing.

are you paying your insurance agent directly? ordinarily, you'd find that the insurance bill is included in your mortgage payment. are you certain that the insurance you are being "charged" by your lender not your escrow account for the insurance policy you purchased?
Posted on: 20th Jan, 2009 07:54 am
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