A home owners’ insurance is the cover for the house against natural calamities as well as liability. This covers the house and its contents but also other personal possessions which the house secures. The natural calamities include fires and winds. It covers thefts and vandalism as well. It is also called hazard insurance (http://www.mortgagefit.com/hazard-insurance.html)

It is not mandatory, like in the case of automobile insurance to have a homeowners’ insurance. But when one mortgages, the deed of trust or mortgage requires the collateral to be insured. This is because in the event of a default, the lender must not suffer. If in the time span the house gets damaged due to a wind or accident, the value on sale will decrease and thus the lender will not be able to get back the debt balance.

Why does the lender insist on a homeowner’s insurance?

Firstly, the lenders’ name or the mortgage company appears on the certificate of the insurance policy. The lender is categorized as a ‘loss payee’ or a mortgagee. This ensures that the lender is entitled to the insurance amount if the borrower defaults.

Secondly, the insurance premiums are paid little by little along with the monthly obligations or it is deposited in with impound or escrow account. In both cases the lender can earn the interest which is earned out of this amount. Moreover an escrow requires an amount much more than a single premium to fund the account.

The manner of payment of the insurance premiums differs from lender to lender. Some require that the insurance premiums be paid off in the first year after closing; while others will spread the same throughout the loan term.

What you should keep in mind before taking a homeowners’ insurance?

You should shop for an insurance agent extensively .You must go in for an insurance company which will make an honest evaluation of your home value.

This insurance is not only for a liability security it is important to the borrower as well especially if you aim for a refinance or a remortgage. The collateral remains the same .Thus you can still avail of a loan amount equal to the earlier mortgage amount if not more (due to appreciation).

About the Author

Smith has completed her Masters with a specialized paper in Mortgage.

Texas Wasatch Insurance has continued to experience very rapid growth, driven by annual auto savings for clients exceeding 30%. The company, a leading provider of homeowners and auto insurance in Texas and auto insurance in Virginia, has recently expanded service to include auto insurance coverage in Pennsylvania.

October 14, 2004 -- Texas Wasatch Insurance is pleased to announce it has expanded market coverage to include http://www.twginsurance.com [auto insurance] in Pennsylvania. The company will operate under the trade name TWG Insurance to provide http://www.twginsurance.com [auto insurance] in Pennsylvania.

Mark E. Jones, Texas Wasatch Group CEO, explains, We have experienced explosive growth with our http://www.twginsurance.com [auto insurance] business in Texas and Virginia. This growth is being driven by the substantialhttp://www.twginsurance.com [auto insurance] values we are bringing to our clients. We have conducted studies and are pleased to see that our new clients have saved over 30% annually by working with us. We are delighted to addhttp://www.twginsurance.com [auto insurance] coverage in Pennsylvania, and we will do our level best to help our new Pennsylvania clients realize similar savings.

Kevin M. Hockenjos is Geographic Manager for TWG Insurances http://www.twginsurance.com [auto insurance] operation in Pennsylvania and Virginia. Kevin and his team have done a great job bringing http://www.twginsurance.com [auto insurance] savings to clients in Virginia, says Jones. We are delighted to add our Pennsylvania http://www.twginsurance.com [auto insurance] operation to their team. Over the next year, the company plans to add homeowners and life insurance products in Pennsylvania and Virginia.

Mr. Hockenjos explains his strategic priorities for TWGs http://www.twginsurance.com [auto insurance] business in Pennsylvania and Virginia as threefold. Our first priority is to demonstrate the TWG Insurance promise to clients: outstandinghttp://www.twginsurance.com [auto insurance] values with unparalleled service. Second, we want to be the kind of broker that insurance companies love to do business with this can only help our clients. Our third priority is to build a major position in these high priority markets. We will accomplish this over time, and we are here to stay.

The company will serve its Pennsylvania and Virginia clients from its National Client Service Center in Dallas with a dedicated team of agents. Jones describes his talent pool as the secret sauce that makes TWG truly different. All of ourhttp://www.twginsurance.com [auto insurance] agents have graduated at or near the top of their class from leading colleges. We even have a Rhodes Scholar nominee as a member of our agent team. When clients work with one of our agents, they have a very different experience than they have ever had working with an http://www.twginsurance.com [auto insurance] agent. As a result, our clients provide us with a huge number of referrals.

To get a free quote or more information about the http://www.twginsurance.com [auto insurance] plans provided by TWG Insurance, visit them online at their website, www.twginsurance.com, or call toll-free at 1-866-428-5353.

About TWG Insurance
TWG Insurance provides http://www.twginsurance.com [auto insurance] in Pennsylvania and Virginia, which includes RVs, watercraft, and motorcycles, as well as home and http://www.twginsurance.com [auto insurance] in Texas. The company is headquartered in Colleyville, Texas.

Whether you are a Veteran searching for a Veterans Affairs VA Loan or you're searching for a fixed rate on an FHA Loan, we can help you get on your way. Our experienced financial accountants will help you understand the entire process of borrowing with a loan of this type and will be there to answer any additional questions or concerns you may have.

May 22, 2004 -- Whether you are a Veteran searching for a Veterans Affairs VA Loan or you're searching for a fixed rate on an FHA Loan, we can help you get on your way. Our experienced financial accountants will help you understand the entire process of borrowing with a loan of this type and will be there to answer any additional questions or concerns you may have.

More than 29 million veterans and service personnel are eligible for VA financing. Even though many veterans have already used their loan benefits, it may be possible for them to buy homes again with VA financing using remaining or restored loan entitlement.

Section 203(k) insurance enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgageor to finance the rehabilitation of their existing home. Section 203(k) is one of many FHA programs that insure mortgage loans, and thus encourage mortgage companies to make mortgage credit available to borrowers who would not otherwise qualify for conventional loans on affordable terms (such as first-time homebuyers) and to residents of disadvantaged neighborhoods (where mortgages may be hard to get).

With many financial institutions across the nation, and interest rates changing daily, it is difficult for the average borrower to locate the right VA or FHA lenders. When working with FHA VA Home Loan Mortgages, we match the details in your application to our portfolios of VA and FHA lenders. Then we stay with you, until you have the loan SSD (Signed, Sealed and Delivered). Let us do the work for you!!

FHA VA Home Loan Mortgages is strategically aligned with Most Major Banks throughout the United States as well as a large number of mortgage lenders. We take this almost impossible task and find you the four best-for-your-financial-profile lenders for your home financing.

FHA VA Home Loan Mortgages specializes in the following types of VA and FHA financing:

FHA 203k loans / Title 1 loans, FHA arm loans /assumable loans, FHA construction loans, FHA government home loans / government loans, FHA home improvement loans, FHA home loans / house loans, FHA hud loans, FHA insured loans, FHA loans, FHA mortgage loans, FHA refinance loans, FHA streamline loans, VA assumable loans, VA construction loans, VA guaranteed loans, VA home improvement loans, VA home loans, VA house loans, VA jumbo loans, VA loans, VA motgage loans, VA refinance loans, and VA streamline loans.

To access our team of morgage loan specialists, please go to our Contact page and email us. We can then provide you with a mortgage evaluation that best fits your situation.

FHA VA Home Loan Mortgages -- Your source for mortgage rates and other mortgage payment information for Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington D.C., West Virginia, Wisconsin, and Wyoming.

Texas Wasatch Insurance, a leading provider of homeowners and auto insurance in Texas, has expanded to include auto insurance coverage in Virginia. Over the next year, homeowners and life insurance will be added to the Virginia operation.

September 27, 2004 -- Texas Wasatch Insurance is please to announce it has expanded market coverage to include http://www.twginsurance.com [auto insurance] in Virginia. The company will operate under the trade name TWG Insurance to providehttp://www.twginsurance.com [auto insurance] in Virginia.

Mark E. Jones, Texas Wasatch Group CEO, explains, We have experienced explosive growth with our homeowners and http://www.twginsurance.com [auto insurance] business in Texas. In August we began to measure the savings our new clients had realized by switching their http://www.twginsurance.com [auto insurance] to our company. We were pleased to see that our new clients saved over 30% annually by working with us. Adding http://www.twginsurance.com [auto insurance] coverage in Virginia is the first step in our plans to bring outstanding savings and service to clients nationally.

Kevin M. Hockenjos will lead TWG Insurances http://www.twginsurance.com [auto insurance] operation in Virginia. Kevin has a great opportunity on his hands, and a great team to work with in Virginia, says Jones. Virginia is a priority market for us. We intend to be there for the long term; and we intend to be a major http://www.twginsurance.com [auto insurance] player in Virginia. Over the next year, the company plans to add homeowners and life insurance products in Virginia.

The company will serve its Virginia clients from its National Client Service Center in Dallas with a dedicated team of agents. Jones describes his talent pool as the secret sauce that makes TWG truly different. All of our http://www.twginsurance.com[auto insurance] agents have graduated at or near the top of their class from leading colleges. We even have a Rhodes Scholar nominee as a member of our agent team. When clients work with one of our agents, they have a very different experience than they have ever had working with an auto insurance agent. As a result, our clients provide us with a huge number of referrals. If we can continue to attract people of extraordinary talent, as we have done to date, we will be an unstoppable force in the home and auto insurance industry.

To get a free quote or more information about the http://www.twginsurance.com [auto insurance] plans provided by TWG Insurance, visit them online at www.twginsurance.com or call toll-free at 1-866-428-5353.

About TWG Insurance
TWG Insurance provides http://www.twginsurance.com [auto insurance] in Virginia, which includes RVs, watercraft, and motorcycles, as well as home and http://www.twginsurance.com [auto insurance] in Texas. The company is headquartered in Colleyville, Texas.

Texas Wasatch Insurances unique business model, which combines personal client service with the power of the internet, has caused rapid growth, necessitating the move to a larger location.

September 7, 2004 -- Texas Wasatch Insurance is pleased to announce it has relocated into a larger space in Colleyville, TX. The move is necessary due to the rapid growth experienced by the home and insurane agency, which serves Texas.

Mark E. Jones, Texas Wasatch CEO, attributes the companys rapid growth to a business model that combines a high level of personal client service with the power of the Internet. Traditionally, people have purchased home and auto insurance from a local agent who can answer their questions and provide personal service. Recently, a number of web-based auto and home insurance firms have sprung up that create lots of reach, but without the personal service of a human agent, says Jones. We take advantage of the Internet to reach a very large number of people, but serve them with well-trained, professional auto agents here in Texas.

Prior to co-founding Texas Wasatch Insurance, Mr. Jones was a senior partner with Delsea Insurance of Glassboro NJ. During his last three years with Bain, he directed the firms global recruiting efforts. He explains, I have experienced, first hand, the power of hiring the very best people. We have recruited a team that I believe are without equal in our industry. All of our home agents have graduated at or near the top of their class from leading colleges. We even have a Rhodes Scholar nominee as a member of our agent team. When clients work with one of our agents, they have a very different experience than they have ever had working with an auto agent. As a result, our clients provide us with a huge number of referrals.

Commenting on the companys goals, Mr. Jones explains, We have been very pleased with the success of our business model and plan to begin rolling out to other states. Our ultimate goal is to build the leading auto brokerage firm in the country. If we can continue to attract people of extraordinary talent, as we have done to date, we will be an unstoppable force in the industry.

To get a quote or more information about the home and auto plans provided by Texas Wasatch Insurance, visit them online at their website or by calling toll-free at 1-877-428-5353

Texas Wasatch Insurance, a leading broker of homeowners insurance in Texas, has recently expanded its product line to cover homes worth $70,000 to over $2 million.

With booming business and increased sales, Texas Wasatch Insurance is pleased to offer a new expanded product line for Texas homeowners. This month the agency reached agreements with multiple insurance carriers to provide additional http://www.texaswasatch.com [Texas homeowners insurance] products to its clients.

BHI Insurance of  Toms River, NJ is stating the market has been a difficult one over the last several years. Insurance companies have lost money and consumers have had a great deal of difficulty finding reasonably priced homeowners insurance. However, market conditions have improved and we have signed agreements with a number of Texas homeowners insurance companies that are very eager to do business with our clients.

Cosme V. Salazar, Geographic Manager for the companys http://www.texaswasatch.com [Texas homeowners insurance] business adds, We have had tremendous success matching the right homeowners insurance companies to our clients in Texas. This has allowed us to save our clients a great deal of money. Our studies show that the average new http://www.texaswasatch.com [Texas homeowners insurance] client saved over 20% by working with us.

About Texas Wasatch Insurance
Texas Wasatch Insurance is an independent agency providing homeowners insurance in Texas. The company, headquartered in Colleyville, Texas, has provided insurance for condos, apartments, and rental properties, as well as auto insurance in Pennsylvania, Virginia, and Texas.

The companys highly trained agents have identified the three key things that people can do to save money on their http://www.texaswasatch.com [homeowners insurance in Texas]. To get a free quote or to learn about the three key things essential to saving on homeowners insurance, visit www.TexasWasatch.com, or call toll-free at 1-877-428-5353.

Serenity Insurance Group today announced the expansion of their DUI and DWI Insurance coverage area to include the states of Kansas, Nebraska, and Tennessee. This expanded service area means that drivers in 18 states can now take immediate advantage of the low cost and easy accessibility of the SR22 Insurance coverage offered by Serenity Insurance.

January 12, 2005 -- DUI Insurance and DWI Insurance - Serenity Insurance Group Coverage Area Expands to Include Kansas, Nebraska, and Tennessee. DUI drivers can now obtain affordable SR22 Insurance with a phone call or simple online form.

Serenity Insurance Group today announced the expansion of their DUI and DWI Insurance coverage area to include the states of Kansas, Nebraska, and Tennessee. This expanded service area means that drivers in 18 states can now take immediate advantage of the low cost and easy accessibility of the SR22 Insurance coverage offered by Serenity Insurance.

Service Area: http://www.serenitygroup.com/servicearea.htm

Quick SR22 Insurance Quote: http://www.serenitygroup.com/quickquote.htm

DUI Penalties State by State: http://www.serenitygroup.com/dui.htm

Drivers who have been convicted of Driving Under the Influence (DUI) or Driving While Intoxicated (DWI) are required to maintain special insurance coverage. In many states, this is documented by an SR22 filing by an insurance company that writes this type of coverage. Serenity is now able to supply SR22 forms in Arizona, California, Colorado, Idaho, Illinois, Iowa, Kansas, Montana, Nebraska, North Dakota, Ohio, Oregon, South Dakota, Tennessee, Texas, Utah, Washington, and Wisconsin.

Anyone in the states listed who is required to carry this special mandatory insurance can now obtain affordable SR22 Insurance with a phone call to 1-800-546-5470 or simple online form available on the Serenity Web Site athttp://www.serenitygroup.com/

About Serenity Insurance Group
Serenity Insurance began as a unique insurance agency primarily focused on serving the specialized insurance needs for drivers with alcohol related offenses. Mr. Thomas A. Black, the founder and CEO of Serenity Insurance has over 30 years experience in the insurance business. Mr. Black believes that when people make a serious mistake and get an alcohol related offense they need an insurance agency that understands what is involved from society's point of view as well as from the offenders point of view. Serenity Insurance helps people get back on their feet by acting as a resource for answers related to SR-22 insurance and providing affordable insurance. Serenity now serves 18 states and is committed to treating all people with dignity and respect while maintaining complete confidentiality.

http://www.serenitygroup.com/about.htm

Serenity works very closely with Alcohol Treatment centers supporting their efforts to get offenders back on their feet as contributing members of society as quickly as possible. Serenity stands firmly committed to providing caring confidential service combined with affordable insurance for people requiring an SR-22 filing.

Contact:
Bill Sutherland
1-800-546-5470

GI Designs, a custom home and garden decor design company, celebrated their five-year anniversary in October. Owners Wayne Lewis and Greg Isabel attribute this success to the originality and quality of their copper home and garden decor creations, and the beauty and practicality of copper itself.

December 6, 2004 -- GI Designs, a company specializing in custom copper celebrated five years online in late October 2004. Wayne Lewis, one of the owners of GI Designs, credits the five-year celebration to the unique designs and quality materials of his company.  He attributes his success to the business partnerships he's made over the years.  One being his long-time friends at the Marino Insurance Agency.

GI Designs can be seen in some of the most prestigious offices and restaurants across the country. GI Designs manufactured all of the tabletops for the Flight Restaurant and Wine Bar in Glenview, Illinois and Bostons 2nd location of Piattini Wine Cafn Columbus. S. Davidson of American Express Financial said, (GI Designs made) our foyer entry way a warm and pleasing environment. The console table, side table and mirror came out really nice. They actually make the fish tank (in between them) look even nicer than it already did.

GI Designs offers Neo, modern, traditional, mission, metro and contemporary style table designs. In addition to these various table styles, GI Designs talented team of artists and metalworkers can create any design in custom a client can imagine. Using high quality materials, such as copper, iron, brass, and many select hardwoods, gives the unique designs added durability.

In addition to constructing copper tables and home decor, GI Designs fabricated all the copper structures found in the Denver Botanical Gardens. Denver Botanical Gardens had seen our designs several times at the annual Holiday Gift and Garden Market, said Greg Isabel, another partner at GI Designs. They were impressed with the uniqueness of our designs and the quality of our craftsmanship, and they and their members commissioned us for many garden decor projects. GI Designs created the Dragonfly sculpture over the West Pond, the grand entrance to the new Childrens Garden, and many other garden structures using all sorts of copper and hand-blown glass insects.

GI Designs has completed many other projects around the United States, including three custom copper wedding arbors commissioned by the City of San Diegos Clerk Recorders Office for outdoor weddings and the copper arbors fabricated for the Childrens Garden at the Frederik Meijer Gardens & Sculpture Park in Michigan.

GI Designs uses copper tubing, both round and square, solid rod, flat bar, and sheet copper in their creations. Some of these materials are much more expensive than tubing, but create quite a different look, said Isabel. We are frequently asked, Why copper? Whereas wood will weather and crack, iron and steel will rust, and plastic becomes brittle, copper ages to a beautiful green verdigris patinajust like the Statue of Liberty. The green patina is not like rust on steel, but acts like a protectant for the copper while adding a feeling of quality and antiquity to its surroundings. No two pieces evolve alike, making each piece individually unique.

The beauty, strength, and durability of copper make it the perfect choice for: tables, countertops, chimney caps, trellises, arbors, window boxes, and yard art. Copper is also used to repel slugs from plants, an added benefit to using one of GI Designs products in the landscape.

To learn more about the advantages of copper or to view the online catalog of in-stock and custom designs.. To celebrate their five year anniversary, GI Designs is offering customers a 5% discount off their order total by mentioning this press release. (If ordering online, please type in just the words press release in the coupon field for the discount or mention this article when calling their toll-free order number).

About GI Designs
GI Designs, located in Denver, Colorado, is a member of the Better Business Bureau and has recently been featured in the June 2004 issue of Horticulture Magazine.  One of their recently completed projects was for the Colorado Parade of Homes in 2004. They constructed a custom 18-foot tall, 13 bowl copper fountain that hugged a spiral staircase in a $1.6 million John Laing home. Garden Ornaments - Pots, Pergolas, Pedestals, and More, a new book by E. Ashley Rooney, (ISBN: 0764319566) showcases many of their garden decor projects. The custom designs offered by GI Designs is handcrafted and created with materials of the highest quality. GI Designs helps to make customers design dreams a reality.  Why settle for the ordinary?

Contact Information
Wayne Lewis
1-877-442-6773

Karatz is top ranked home builder on Builder Magazines Power Brokers list

LOS ANGELES, CA December 22, 2004 -- http://www.kbhome.com [KB Home] (NYSE: KBH) one of the nations premier home builders, announced today that Chairman and CEO http://phx.corporate-ir.net/phoenix.zhtml?c=111266&p=irol-govBio&ID=16995 [Bruce Karatz] is the highest ranked home building executive on http://www.builderonline.com/industry-news.asp?channelid=55&articleid=86433&qu=power+brokers [Builder magazines Power Broker list], as published in their December 2004 issue.

Karatz was the top ranked homebuilder coming in sixth on the list of 50. The list, topped by Alan Greenspan, is followed by Fannie Mae Chairman and CEO Franklin Raines; President George W. Bush; NAHB Executive Vice President Jerry Howard; and Founding Principal of Duany Plater-Zyberk & Co, Andres Duany; and includes economists, bankers, architects, manufacturers, developers as well as builders.

"It is an honor to be ranked and included in this list of leaders and friends," said Karatz. "This distinction is a reflection of KB Home's solid geographic and financial growth, as well as the performance from the talented workforce that comprises our team. I am extremely proud of our company's accomplishments and those of our industry that continues to grow, deliver quality and customer satisfaction, and provide the American Dream on a daily basis."

In his 33 years with KB Home, Karatz has often been recognized for his deep commitment to his business and civic communities, including being inducted into the California Industry Hall of Fame in 1992. This year he helped KB Home celebrate its 35th year on the New York Stock Exchange by Ringing the Closing BellSM on Election Day, and led the charge to build a brand new 3,200 square foot home for a deserving family on ABC's television show, "Extreme Makeover: Home Edition." KB Home was also named 2004 "Best Overall Company" by the American Business Awards, and Karatz was honored by the American Jewish Council with the annual Human Relations Award.

Under Karatz' leadership, KB Home delivered 31,646 homes in 2004, compared to less than 4,000 when he became CEO in 1986 and less than 7,000 when he was named Chairman in 1993. In fact, Bruce has enjoyed helping nearly 400,000 families achieve the American Dream during his tenure.

For more information, visit http://www.kbhome.com.

About KB Home
Building homes for nearly half a century, KB Home is one of America's premier homebuilders with domestic operating divisions in some of the fastest-growing regions and states: West Coast California; Southwest Arizona, Nevada and New Mexico; CentralColorado, Illinois, Indiana and Texas; and Southeast Florida, Georgia, North Carolina and South Carolina. Kaufman & Broad S.A., the Company's majority-owned subsidiary, is one of the largest homebuilders in France. In fiscal 2004, the Company delivered homes to 31,646 families in the United States and France. It also operates a full-service mortgage company for the convenience of its buyers. Founded in 1957, and winner of the 2004 American Business Award for Best Overall Company, KB Home is a Fortune 500 company listed on the New York Stock Exchange under the ticker symbol "KBH". For more information about any of KB Home's new home communities, call 888-KB-HOMES or visit http://www.kbhome.com.