Who pays the home insurance?
You do. You get to pick the insurance company that you prefer, and make your own arrangements for payment. In this day and age, most home insurance is predicated on your credit score, so this arrangement allows you to get the best bang for your buck. It also allows you to get your contents insured at the same time, at no extra cost. We are named as the loss payee on your policy, as well as the particular financial institution that has provided us with financial resources that enabled us to finance the home for you.