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What is Hazard Insurance?

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Orson Hill Realty
(@orson_hill_realty)
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Joined: 6 years ago
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If you own real estate, one thing you should absolutely invest in is hazard insurance. Many lenders require you to have one in order to qualify for a mortgage. Many people are confused about hazard insurances and fail to understand why so many real estate properties demand them. The hazard insurance is not a separate coverage type, but it is part of a homeowners insurance policy. It is not uncommon to purchase additional insurance to cover specific events that are covered by specific events such as wind, fire, storms, and more.

Orson Hill Realty
30792 Southview Drive #110
Evergreen, CO 80439
303-835-9895


   
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