The Sesame Community

Discounts are offered to homes with improved security. You can install a home security system and/or a fire/smoke alarm connected to central station. You can also lower the premium by choosing a higher deductible. Some insurers provide a claim-free discount if you do not make a claim in a set period of time (usually 12 months or more).

2018-07-04 20:44:14

Yes. When an insurance agent refers to home insurance or homeowners insurance they are typically talking about the same type of policy. A standard home insurance or homeowners insurance policy includes coverage for the structure of the home and liability.

2018-07-04 20:53:43

One of the best ways to prevent a fire is to make sure that your smoke detectors are working properly. In fact, in 75% of fatal fires, smoke detectors were either not installed or not working properly.

2018-07-05 02:38:35

Guaranteed Replacement Cost coverage means that if anything happens to your home, the full cost to replace it (including construction costs) will be covered. For example: if your home is insured for $300,000 and there is a fire that destroys your entire home and costs $350,000 to rebuilt it, you won't have to pay the difference out of your own pocket.

2018-07-04 20:38:39

There is a common misconception that mortgage loan insurance protects the borrower. This is not the case. Mortgage loan insurance is there to protect the lender against default in payments by the homebuyer. If the buyer has a down payment of less than 20% of the purchase price, the lender will purchase default insurance and pass that cost on to the borrower. This can be paid up front, or tacked on to the mortgage payments and stretched out over time. Mortgage loan insurance is offered by companies like Canada Mortgage and Housing Corp., Genworth Financial Canada, Canada Guaranty, or another approved private insurer.

2018-07-04 20:34:59

购买房屋贷款需要准备的文件大约分三个部分，房屋材料，工作等个人材料以及首付材料。 房屋材料主要是说房屋购买合同，如果是买新房，需要和开发商签的厚厚的合同。 工作材料是银行审核最细的部分，如果你是某个公司的全职雇员，一般必须要有的是： 1. 工作信，公司抬头纸，注明公司名称，地址，电话，传真，写明申请人的全名，是否全职，在本公司开始工作的时间，职务，工资。 2. 工资存根，公司给的工资单。 有的银行还会要求提供过去的T4或者税局的税单评估通知。 除了工作材料外，还需要一些个人材料例如照片等以及一些个人信息。（来源：居外课堂）

2018-07-04 21:59:10

Your home insurance mainly covers your property and its contents. If you own a house, then your insurance will generally cover: ⦁ The building itself ⦁ The trees and shrubs located outdoors on the premises ⦁ Detached Structures on the premises, like a garage or shed ⦁ Your own personal property, like furniture, electronics, computers, clothing, kitchenware, jewellery and art ⦁ Additional living expenses if you need to relocate temporarily after making a claim ⦁ The loss of any rental income after making a claim, if applicable.

2018-07-04 20:41:11

Yes, it’s important to inform insurance companies about renovations because they may need to revise the value of your home. You’ll need to have enough insurance coverage to cover the value of your home, or the cost to rebuild it. You may also need extra coverage for the materials you use and for your own liability when performing renovations.

2018-07-04 20:48:55

Your credit score is a measure of your financial health. The credit-reporting agencies Equifax and TransUnion use a scale from 300 to 900. High scores on this scale are good. The higher your score, the lower the risk for the lender. Thus, a higher rating will typically secure a better mortgage rate, since you’re considered to be more likely to make your scheduled payments. If you have a poor rating, do some damage control before you apply for your mortgage.

2018-07-04 21:50:13

买房押金：一般为房屋价格的5%，此项金额要在合同谈好后的24小时内交纳，并会在成交日时成为首付款的一部分。（来源：居外课堂）

2018-07-05 02:24:47