I have a mortgage on my home for $14,000. Why must I buy homeowners insurance...

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I have a mortgage on my home for $14,000. Why must I buy homeowners insurance...

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06-23-2007, 03:32 AM

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I have a mortgage on my home for $14,000. Why must I buy homeowners insurance...

...for $110,000.00? The cost to rebuild the home is $101 sq ft. The home is 1000 sq ft.

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