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Homeowners Insurance is a specific contract on an individual property intended to reimburse the homeowner for repair of damage from many perils, seen and unforeseen , to his property.
A mortgage company has a vested interest in the value of the property. Damages to the property could diminish this value of the property and place the mortgage company's investment at risk. As such the mortgage company requires the owner to protect their interest by requiring the homeowner have an HOMEOWNERS INSURANCE contract.
HOMEOWNERS INSURANCE contracts are generally annual contracts. They renew each year on the anniversary of the contract. The closing date for mortgaged new , or used home purchases, usually is the anniversary date of the home owners insurance policy.
Universal Print & Mail can identify the purchase dates of all single family dwellings. The estimated current market value of the home is available as is the purchase price. The current home value is important to cover the replacement cost as of today not necessarily yeas ago when the property was purchased.
We can select those homes and their owners name and address, in any zip code, county, state or within any mileage radius of any fixed point. Selections for purchase price, current home value, and purchase date are also available. A lead time of 4-6 weeks is usually necessary to contact the home owner prior to the end of their annual home owner policy insurance term. As an example, today is March 1, 2008. and the home owner insurance policy has an anniversary date of March 1, it becomes prudent to identify those homeowners whose purchase date was April 15,2007 and monthly thereafter.
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