The Home Value Protection insurance policy – the only one in the United States offering homeowners protection from the catastrophic effects of withered home prices – has now become available to homeowners in Oklahoma. Homeowners who are covered by this policy will have a greater amount of protection for their investments, which is typically the largest they will hold in their lifetimes, as the prices of their homes continue to plummet. Oklahoma is the second state in the country that will have this unique form of insurance policy available to…
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Ohio homeowners offered new insurance policy for falling housing price coverage
An insurance company based in San Francisco will be releasing a new form of coverage to homeowners in Ohio that will protect them against the risk of tumbling housing values and which will be the first of its kind in that state. Case-Shiller Home Price Index calculations will be used by Home Value Insurance Company to help to determine the policyholder’s payouts should the house be sold for a lower amount than its insured value. The insurer was founded in 2009 and is operated under the leadership of Scott Ryles,…
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