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“`html Understanding Your Mortgage Payment: Principal, Interest, Taxes, and Insurance When you take out a mortgage loan, your monthly payment is typically divided into four main components: principal, interest, taxes, and insurance (PITI). Understanding these elements can help you manage…
Understanding Homeowners Insurance Policy Cancellations and How to Navigate Them Learning that your homeowners insurance policy is getting canceled can be a daunting experience. Your home is likely your most significant investment, and having insurance is crucial to protect you…
Understanding Hail Damage and How to Handle It Hail can wreak havoc on your home, damaging roofs, breaking windows, and causing costly water damage. In 2023, hail incidents reached new records, with hailstones 2 inches or more in diameter striking…
“`html Understanding Termite Damage and Homeowners Insurance Understanding Termite Damage and Homeowners Insurance When Does Homeowners Insurance Cover Termite Damage? Termites cause approximately $5 billion in damage to U.S. structures annually, according to the National Pest Management Association. These pests…
