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Updated over 4 years ago on . Most recent reply

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96
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6
Votes

How does swapping insurance work?

Robert Hernandez
Posted

So I am looking at a new insurance provider. And for one of the insurance, I found it is $1500 premium with a downpayment of $400. Do I need to make the down payment myself? Currently, my insurance is in escrows with me mortgage. Will the insurance payment be now part of my montly payments?

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