asked 50.0k views
2 votes
Shanna's mortgage company requires insurance coverage. Which type of insurance would she need?

2 Answers

3 votes
home insurance / home owners insurance
answered
User Csalmhof
by
8.4k points
2 votes

Mortgage Insurance (also known as mortgage guarantee and home-loan insurance) this type of insurance is made so that the lenders don't have some safety net in case the borrower doesn't met his legal obligations of payment.

Answer she would likely need Mortgage Insurance.

answered
User AndrewL
by
8.0k points
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