Is hazard insurance and homeowners insurance the same?

Is hazard insurance and homeowners insurance the same? What is hazard insurance on mortgage payment? Hazard insurance protects your home from natural disasters or hazards. It’s usually a requirement when qualifying for a mortgage. These hazards may include fires, severe storms, hail, sleet, or other natural events. What is the difference between mortgage insurance and … Continue reading Is hazard insurance and homeowners insurance the same?