Home & Mortgage Insurance

What You Need to Know

If you are a homeowner or planning to buy a home, you may have heard of home and mortgage insurance. But what are they and why do you need them? In this article, we will explain the basics of these two types of insurance and how they can protect you and your investment.

Home insurance is a policy that covers your home and its contents from damage caused by fire, theft, vandalism, natural disasters, and other perils. Home insurance can also cover your liability if someone gets injured on your property or if you cause damage to someone else’s property. Home insurance is usually required by your lender if you have a mortgage, but it is also a smart way to safeguard your most valuable asset.

Mortgage insurance is a policy that protects your lender in case you default on your loan. Mortgage insurance is usually required by your lender if you have a low down payment (less than 20% of the home’s value) or a high loan-to-value ratio (more than 80% of the home’s value). Mortgage insurance can lower the risk for lenders and make it easier for borrowers to qualify for a mortgage. However, mortgage insurance does not cover you or your home; it only benefits the lender.

The cost of home and mortgage insurance depends on various factors, such as the value of your home, the amount of your loan, the type and level of coverage, the deductible, the location, and your credit score. You can shop around for different quotes from different insurers to find the best deal for your needs. You can also lower your premiums by increasing your deductible, improving your credit score, installing security systems, or making home improvements.

Home and mortgage insurance are important tools to protect yourself and your lender from financial losses. By understanding how they work and how much they cost, you can make informed decisions about your home purchase and ownership.

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Our Customer Reviews

Here are a few things our customers have said about us on Google Reviews.

    
 
 
        
   JUANITA CONTRERAS 
 
 
 
  Spoke with Cristo today and he was very Helpful and Professional.
  
 
       
   Dragonballzgtvegeta 
 
 
 
  Sandra Ramirez assisted my elderly mother for her auto insurance.  She was very patient, caring and informative and helped her choose the best policy to suit her low tech lifestyle "no smart phone".  Thank you Sandra!  My mom likes you allot!
  
 
       
   Cristela Coronado 
 
 
 
  Trinity P. makes dealing with insurance hassle free & so easy gave me the best rate! My insurance went up SO MUCH & she called me and discussed every possible way I can decrease it! Definitely recommend!!!
  
 
       
   Yasmine Acebo 
 
 
 
  I had Trinity help me with securing my auto insurance and she was so great to work with. It was nice to have someone super knowledgeable to guide me through the process and answer all my questions. I highly recommend Voyage Insurance Group!
  
 
       
   Darrell Jimerson 
 
 
 
  Cody Cutright is awesome! He is very good at communicating and answering any questions I had. He helped me save money on my auto insurance and my homeowner's insurance as well! Definitely recommend getting in contact with him if you want to save money!
  
 
       
   Peter Catalani 
 
 
 
  I am a new client to Voyage Insurance Group and was taken care of by Sandra. I have to say she was extremely efficient, patient and clearly spoken. Something that's very rare these days. I was treated respectfully, and received a fair price. I know because she did a lot of research to find me the best price possible and helped me save over my previous policy. I highly recommend this insurance company and Sandra as the person to call.
  
 
       
   Isaias Montanez 
 
 
 
  Trinity Pigott provided invaluable assistance and guidance in my acquisition of auto insurance. She was prompt in answering and returning phone calls, as well as providing information and quotes in a very timely manner. She is a wonderful asset for this company and I am incredibly grateful for what she’s done.
  
 
       
   Elle Fischer 
 
 
 
  Trinity is wonderful to work with. Makes all things insurance easy for me and has consistently found rates that work the best for my budgets. 10/10 recommend!
  
 
       
   Guadalupe Montanez 
 
 
 
  Trinity Piggot has exceeded all our expectations in service and attentiveness. She consistently surpasses the customer service standards in the industry with her attention to detail and selflessness. Thank you, Trinity, for you commitment to our needs.
  
 
       
   Cesar Jaloma 
 
 
 
  Giovanni Yoria was very helpful !