LakeTellicoHomes.com
Title
Foothills of the Smokies
Description
Excerpted from the website:
- When purchasing a home, most mortgage companies require the buyer to have homeowners insurance as a condition for receiving the loan. According to the Insurance Information Institute, the average cost per year for a standard homeowners policy in 2004 was $608. While standard homeowners policies will cover the structure of the home and its contents against fire, theft, and some natural disasters, (excluding floods, earthquakes, landslides, mudslides or sinkholes), the amount of coverage varies. Even if you’re not in the market for a new home, it’s a good idea to review your policy to make sure your coverage is in line with your home’s current appraised value....
