Mortgage company wants us to pay hazard insurance premium up front?

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Mortgage company wants us to pay hazard insurance premium up front? I am getting an FHA home loan. My mortgage company sent me a good faith estimate stating that my hazard insurance premium will be included in closing costs, but that I will also be paying a monthly hazard insurance payment, the same goes for the mortgage insurance. They are also wanting us to put $591 into hazard insurance reserves. What is this all about? Is this normal? I was pretty positive that when you got insurance you just paid your premium monthly, not up front and then monthly also? Help me understand what is going on here. Related

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Is insurance high for a base acura rsx or just the s-type model? I'm a 21 year old male with one speeding ticket. I like the design on the rsx, but I've heard insurance is ridiculous on them. Is this true for the both models, or is the insurance rate for the base model significantly less than the type-s model? Thanks for any help!" Question about auto insurance? I'm 16 and have my license and my own truck that i am the primary driver on, but i'm also the secondary driver on my dads truck does that make my insurance cost more by being the secondary driver?" How much would insurance be for a seventeen year old female driving 1999 Chevrolet? I am sixteen i turn seventeen soon. My grandma will not keep me on her insurance About how much will insurance be for me as a 17 year old female driving a 1999 Chevrolet Does anyone know what insurance company in NJ has there policy start with the letter F? the policy number is F183941-4 Are there any insurance companies that insure Classic cars without them being garage kept? Are there any insurance companies that insure Classic cars without them being garage kept? Do auto insurance companies have to look at your driving record? I have never had a vilolation. My husband has. He had one in 2006 for running a red light and one in 2008 for driving too fast for conditions. Well naturally this has given me higher payments. I was with Liberty Mutual and for liability only (my car isn't worth full coverage) I was paying $124 a month. My husbands pay was cut drastically at work so I was shopping around for cheaper insurance. I called Geico and they offered me liability for $55 a month. She came on and asked if I knew he had two tickets and at the time I didn't because I didn't know my husband in 2006. The lady told me my payments were going to be $144 with them and when I told her no she put me on hold. When she returned she offered me the $55. She read back to me everything I am getting which is a lot more than what I was getting from Liberty Mutual for a lot less price. Is it possible they just dissmissed the report to gain us as customers? I was cooking dinner at the time and my kids started playing loud so all I really heard was cha ching lol. "If i buy a car, how long have i got to insure it?" If i buy a car, how long have i got to insure it?"


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UK- Can you help me find cheaper car insurance? I currently own classic mini and after 6 months of driving it i want something more reliable. I didn't earn any no claims bonus on the mini as it was on a classic car policy, which I paid 900 a year third party, fire and theft. I want to get a 1.3 toyota yaris but cheapest insurance I have found is 5500! I will be the main driver of it and no i will not front it (go as named when im actually main driver). Which companies are best for young people. I don't want to pay more than around 2000 a year on the insurance. I know there are many factors that affect insurance but I'm looking for companies with good deals/lowest premiums and/or general tips to reducing the premiums. I live in the UK by the way." Why wouldn't you call your auto insurance company when you have collision and comprehensive coverage? My impression is that they're worried about their policy rates going up, or maybe they don't have auto insurance? But why not take advantage of your auto insurance whether you end up pursuing the claim or not?" Will simply getting an STI test raise insurance rates? I was wondering if any doctors or insurance professionals know as fact if insurance rates will increase if someone goes to their primary care physician to get an STI screening, even if they test negative for everything." Speeding ticket question on car insurance and notifications.? Alright, so recently I recieved a speeding ticket out of my state while driving my friends car. I was wondering if this makes either his or my car insurance rates go up. Also, is there any way that our parents would be notified of this ticket? I heard a notification gets sent in the mail. Also, in the event that it does affect car insurance or a notification is sent in the mail, is there any way our parents would find out where the ticket took place? Thanks" Can anyone sugest a inexpensive private health insurance plan with low deductible and co pay.? The insurance I have now is with golden rule through united healthcare my copay is 35$ and deductible is 5,000." How much is Canadian (British Columbia) car insurance? I am 21 years old and have had a licence in California since I was 18. "When you get car insurance, is it the car itself that's insured, the person, or...? does each person in the household have to get insurance for each car they use? Would fitted speakers in my car increase the insurance?


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mortgage insurance. They are also wanting us to put $591 into hazard insurance reserves. What is this all about? Is this normal? I was pretty positive that when you got insurance you just paid your premium monthly, not up front and then monthly also? Help me understand what is going on here. Car insurance in California - most competitive companies? I'm considering a move from Pennsylvania to California. My existing insurance provider doesn't write policies in California so I would need to change companies. I'm currently paying 919 per year for 2 cars. I would like to find a company that can be competitive with these rates. I'd love to get any feedback from people that live in california regarding companies they recommend and which to avoid. I would probably be living in the east bay of San Francisco. I hate car insurance companies (except my current one which I love) and would like to avoid being totally ripped off. I have 18 years of accident free miles and no moving violations... Car Insurance Help!!!? I have a Toyota Corolla 2007. About 6 wks ago I got rear ended, the impact sent me over the medium unto uncoming traffic. After all was said and done the car had $6,300 on repairs done. It came out okay but know I have trouble closing the trunk, I really have to slam it and the right side back lights don't really align. I am trying to figure out how much they will give me for devaluation value on the car, I have never done this before I want to make sure I don't get ripped off. Also I am still experiencing back pain from the accident, my primary doctor wants to send me to a chiropractor which my insurance doesn't cover, should the other insurance pay for it? They are not returning my calls, and they just want to offer me $500 for pain and suffering as long as I sing some papers that release the other driver and the insurance from any further responsibility. By the way it was the other drivers fault, she was in her cell phone hit mt at 45 mph from behind and this was her 10th accident in the last 3 mos. Any suggestions?" Help! Accident on motorcycle with no insurance.? I was recently involved in an accident on my motorcycle with a Hertz rental car. I purchased the bike 9 days before the accident and was planning on adding the motorcycle to my car insurance policy. No one was hurt in the accident but a police report was filled out at the request of the rental company. I was wondering if insurance companies possibly have some kind of grace period for accidents a certain number of days before the policy is added, or if need be, transferred to the motorcycle. The rear bumper of the rental car was dented and the right rear lights were damaged. My motorcycle is fine. I live in California." Cheap Car Insurance in Kentucky? Next month my husband and I are going to need to get car insurance. So this month I'm shopping around for the best deals. I was wondering which were the best rated or cheapest companies that are for drivers in Kentucky. I'm looking for companies with good discounts too please. Thank you. Do i get the money (first and last months payment) i put down for car insurance back if i switch companies?


i bought car insurance two months back and i put a down payment first and last month payment but i would like to switch i found a cheaper insurance will i get that money back? Car Insurance questions? ok i was recently in a car accident , jus a rear end nothing to serious. but the rear of my car is pretty bad. bumper is in bad shape , trunk doesnt open , lights are a bit broken but still work. a guy from the other person's insurance company came to take a look at my car and inspect it and estimate damages. he told me that the car will probably be a total loss. he said someone would call me in 2-3 business days to discuss my options. now i guess i will be paid for what my car is worth , which isnt much prolly no more then a $1000. my question is tho , the guy who came told me that one of my options would be if i wanted to keep the car or not. i want to keep the car , it still runs , it still drives. if i still want to keep my car do i still get paid for the damages?" Why is car insurance so expensive in the UK!? So i'm not driving yet, only applied for a provisional, i'm age 17. But I thought why not try and figure out how much my insurance will be once i've passed and buy a car at roughly 1000, so I filled in all the details as accurate as possible on the compare websites and the cheapest yearly insurance price was 5600! How the hell am I suppose to afford this, am I doing something wrong haha :L" "Where Can i Get Non-Owner's Insurance in Austin, Texas?" Where Can i Get Non-Owner's Insurance in Austin, Texas?" Car insurance confusion: Honda Jazz & Ford Fiesta... help please? Hi there guys, I am sorry if this is a boring run of the mill question with an obvious answer, but I am seriously confused! I have two prospect cars to chose between, one is a Honda Jazz, and one is a Ford Fiesta, now to my knowledge the Jazz's insurance group should be around 11-14, (new 1-50 ranking) and the Fiesta should be around 8. A number of sites have confirmed this to be true. But trying to get actual insurance quotes, the Jazz is coming out cheaper, by at least 300. (This is with my details and the rest of the policy identical) I thought insurance group was the only factor of the car that changed the insurance, or is there another factor? I am a newly passed driver if that changes anything?" Is it possible to get very short term car insurance? My grandfather passed away about a month ago and i inherited his car. I've driven it for a few weeks planning on switching my insurance from one car to another. I have decided I want to insure both cars because no I plan on selling and or trading in both of them. My question is: 1) will my grandfathers old car stay insured until the end of his insurance period? (silly question which I'm sure is a no.) but mostly 2) is there any short term insurance that would last about one month at the most? I'm a college student with very little money, so I was hoping to find something affordable. I live in Pennsylvania"


What is the cheapest car insurance for teens to buy themselves? I'm 19 years old and shortly will buy my own car. I'm trying to be independent and need to buy my own affordable car insurance for my car. The quotes from name brand insurance co. like geico and progressive are between $800-$1300/mo. That is so crazy and obviously cannot afford that. Does anybody know where I can find reasonable priced insurance (non name brands) that just covers the minimum? My budget is $100 and less. BTW, I live in SouthFlorida." Rental Car Insurance-I don't have a auto insurance.What are the coverage i have to buy from rental company? Hi,I'm new to US.I stay in california.I want to rent a car and confused with the insurance options.could anyone help me,what are all the coverages(LDW,SLP etc) that i need to rent a car?.I don't have a personal auto insurance." Cheap car insurance? any one know where the best place to cheap car insurance, my dad is going to insure a car for me to teach me to drive, it needs to be in his name but i ned to be a driver on the policy." Is the insurance company notified when you get a speeding ticket? I got a speeding ticket for going 55 in a 45 and was just going to pay it so my parents wouldn't find out because I'm on there insurance. I no we are with USAA and i don't want them to find out about the ticket. Will they some how find out? "Does anyone know of any home insurance companies in pensacola,fl?" Im trying to get a quote for homeowners insurance in pensacola, fl. all the big companies (progressive, state farm, farmers) say they do not provide homeowner insurance in florida. does any one know of any company in pensacola, fl or just florida in general that i can get a quote from." "Someone reversed into my car, is it better to go through maaco instead of insurance? its jus ta minor scratch?" i was at a stop sign and i was abou tthe 4th car, well the 3rd car decided to reverse to leave and backed up and hit the front of my car. its not really that bad but its still a big scratch. is it best to just have her pay my estimate at maaco? or deal with insurance? i don't want to get jacked up insurance rates because someone doesn't know how to reverse." Can the insurance do this? Car insurance.? I was in a wreck a few weeks ago. The lady who rear ended me has the same insurance as I do. I filed a claim and a fellow church member owns a body shop. I asked him to do the work, he agreed. But, the insurance claims that they will not give him a check until he can order the parts in advance. That is way too expensive and


can they really expect him to order these up front? It makes me VERY angry that they could be so stupid and negligent to make him order them up front. He said that he does not have that money to be ordering my parts up front. Can I turn them in for this? They really are messing up." Which auto insurance companies offer road side assistance and what exactly do they cover? Which auto insurance companies offer road side assistance and what exactly do they cover? Cheap car insurance? Cheap car insurance? "What is the best health care plan for student while attending medical school, like nursing?" I'm a student nursing and ASAP need some health insurance, including Emergency Room coverage. Does anyone know any type of Health Insurance for medical student like that, affordable and reliable? Greatly appreciate and thanks to all Will I be covered under my moms car insurance? Alright I am 18 and I live with my mom. My car recently stalled out and there is something wrong with the engine. So my mom has AAA auto insurance, and I am covered by state farm which is my dads insurance. We are in California, and I wanted to know if I would be covered if I were to drive my moms car until mine is fixed. I know that if you live in the same household that you wouldnt be covered, but my insurance has my dads address under it. So do you think I would be covered?" What is the average cost for an sr22 insurance? what is the average cost for an sr22 insurance? Rise in car insurance? Im 18, female and passed my test a month ago. Last month Quinn Direct quoted me for 1400. I got my car today and went to get a car insurance quote and its went up to 2700 with the exact same details!! Any idea why this is?" Im looking for a car thats as fast as any normal 1.6 but is cheap on insurance? Im 20 years old and i am looking for a car with the same acceleration or bhp as a normal 1.6 normal but i would like one that's cheaper on insurance Car Insurance Policy When Not Vehicle Owner?


Can anyone help? My boss has bought me a car but because Renault were unable to put the finance agreement in the company name it had to go in his name, which meant that the ownership of the vehicle did too. Not the problem I have is insuring this car as insurance companies won't insurer me as the driver if I am not the car owner unless the car is owned by a spouse etc...so, I am assuming that the only way round this is for my boss to be put as the main driver and me as an additional driver...if this is the case what will happen if I have an accident or conviction, or he does? Also what about No Claims Discount as I previously built up 3 years on my old car. Please help I really don't know what to do! Thanks" Mortgage company wants us to pay hazard insurance premium up front? I am getting an FHA home loan. My mortgage company sent me a good faith estimate stating that my hazard insurance premium will be included in closing costs, but that I will also be paying a monthly hazard insurance payment, the same goes for the mortgage insurance. They are also wanting us to put $591 into hazard insurance reserves. What is this all about? Is this normal? I was pretty positive that when you got insurance you just paid your premium monthly, not up front and then monthly also? Help me understand what is going on here.


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