Well it's house payment time again and you look at the bill and your payment has gone up! Why is this? You get to dig deeper now. Your payments went up because the insurance rates have gone up. I am writing this because with a blog I get to have a voice!
It seems that insurance is spread out over many policies. This means that the premium you pay is spread out over a whole lot of peoples houses who have bought insurance from company "X". Its fair except the owner of the house doesn't get a choice except to switch insurance companies or change the policies.
So we have the American Dream! Home ownership! And with it comes insurance to protect the lender.
More to come later, feel free to comment.
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