Article: High Mortgage Balance Equals Better Insurance Protection

[jhuang]

I read this article and made me wonder if this author even knows anything about insurance...

High mortgage balance equals better insurance protection | Solomon Success

I don't know any insurance company that will want to insure a risk for lower than the calculated replacement cost, just so the insured can save premium money and satisfy the lender requirements.

Also, people with equity and no mortgage on their property are more inclined to get adequate coverage for protecting their home rather than not getting insurance at all.

 

[Norwayguy]

Re: Article: High Mortgage Balance Equals Better Insurance Protec

I read this article and made me wonder if this author even knows anything about insurance...

High mortgage balance equals better insurance protection | Solomon Success

I don't know any insurance company that will want to insure a risk for lower than the calculated replacement cost, just so the insured can save premium money and satisfy the lender requirements.

Also, people with equity and no mortgage on their property are more inclined to get adequate coverage for protecting their home rather than not getting insurance at all.

That article was designed to do one thing and that was to push that Hartman thing. All the links lead to the Hartman website and the article is saying follow hartmans program and have a high loan balance and this added benefit in regards to your insurance is taken care of as well....

 

[Guest]

Re: Article: High Mortgage Balance Equals Better Insurance Protec

Since the author is a non-insurance person the title should have been "High Mortgage Balance equals a Better Use of your Resources".

 

[Guest]

Re: Article: High Mortgage Balance Equals Better Insurance Protec

i wish I had that 2 minutes of my life back

 

[cm2881]

Re: Article: High Mortgage Balance Equals Better Insurance Protec

what the...? i'm so confused. gotta be an ulterior motive here.

 

[Guest]

Re: Article: High Mortgage Balance Equals Better Insurance Protec

what the...? i'm so confused. gotta be an ulterior motive here.

Well dont post on a meaningless 6 month old thread then,,,,