silence7@slrpnk.netM to Climate - truthful information about climate, related activism and politics.@slrpnk.netEnglish · 14 hours agoInsurers Are Deserting Homeowners as Climate Shocks Worsen | Without insurance, it’s impossible to get a mortgage; without a mortgage, most Americans can’t buy a home.www.nytimes.comexternal-linkmessage-square22fedilinkarrow-up1143arrow-down13file-textcross-posted to: news@lemmy.worldnyt_gift_articles@sopuli.xyz
arrow-up1140arrow-down1external-linkInsurers Are Deserting Homeowners as Climate Shocks Worsen | Without insurance, it’s impossible to get a mortgage; without a mortgage, most Americans can’t buy a home.www.nytimes.comsilence7@slrpnk.netM to Climate - truthful information about climate, related activism and politics.@slrpnk.netEnglish · 14 hours agomessage-square22fedilinkfile-textcross-posted to: news@lemmy.worldnyt_gift_articles@sopuli.xyz
minus-squarecheers_queers@lemm.eelinkfedilinkEnglisharrow-up4·9 hours agothis might be a dumb question, but aren’t landlords required to insure homes they rent out?
minus-squareobviouspornalt@lemmynsfw.comlinkfedilinkarrow-up2·18 minutes agoA big landlord self-insures.
minus-squarestoly@lemmy.worldlinkfedilinkarrow-up2·4 hours agoThis will certainly depend on where you live but my impression is that generally you only need to have it when you have a mortgage specifically because the banks require it as a way to protect themselves. If you pay cash nobody cares.
this might be a dumb question, but aren’t landlords required to insure homes they rent out?
A big landlord self-insures.
This will certainly depend on where you live but my impression is that generally you only need to have it when you have a mortgage specifically because the banks require it as a way to protect themselves. If you pay cash nobody cares.