Your home is likely to be the most valuable thing you’ll ever own in your life. As such, it’s important to make sure that particular aspect of your finances is protected. You can take steps such as adding a home security system and taking other preventative measures, but at the end of the day you’ll still need to buy insurance. Homeowner’s insurance is so important that when you obtain a mortgage from your bank or credit union, a condition of the mortgage will be that you obtain adequate insurance coverage. The amount of required coverage will initially be based upon...

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