Homeowners Insurance in Houston: A Smart Idea

People who maintain homeowners insurance in Houston sometimes wonder whether or not Texas law requires them to carry this type of insurance? While no legal requirement usually exists to purchase insurance coverage to safeguard a residence from damage, as a practical matter most people cannot buy a home in Houston without this useful product. Mortgage Issues When a buyer purchases residential property, most sellers today seek financing assistance from a bank or other mortgage lender. The company issuing the loan pays the seller of the home (and the seller’s mortgage holder, if applicable). Then the purchaser makes regular, typically monthly,...