Insurance
Did you know that Texas homeowners, on average, pay some of the highest insurance rates in the nation? But there are things you can do to lower your homeowners insurance costs. Read more.
Private mortgage insurance (PMI) is required for mortgage loans where the buyer contributes less than 20% of the purchase price as downpayment. Lenders require PMI on most conventional mortgages because there's a correlation between borrower equity and default. Read more.
When a homeowner files a claim with their insurance company, it is recorded in the company's records and then sent to the Comprehensive Loss Underwriting Exchange (CLUE), an insurance industry database. Read more.
