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Is it a horrible thing if ones homeowners insurance paid out and droped you?

April 26, 2017droped homeowners insurance horrible paid thing

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Is it a horrible thing if ones homeowners insurance paid out and droped you?

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Private mortgage insurance (PMI) protects the mortgage lender if a homeowner defaults.Homeowner’s insurance is properhomeowner defaults.Homeowner’s insurance is property insurance that protects against losses in the event of a catastrophe.