Homeowners insurane is the same with or without a loan. may i suggest you contact becky wiley american family insurane for a quote. premeims depend on valur, replacement costs, age, location and similar/other criteria.... more
it is your responsibility to pay the Home Owner Association(HOA) dues as the part of the original Purchase Agreement. Vacancies are not the responsibility of the HOA. If you do not pay your HOA dues, they can force foreclosure upon you just as any lien holder can. Be careful.
I would suggest that you make payment arrangements to get current to remain in good standing.
Broker/ Owner of FREEMANFOXX REALTY
If you are in a condo you need renters insurance for contents only maybe $150 a year plus any riders on jewelery or computers since your exterior insurance is covered by the association that you pay into. If you live in a attachedtownhouse and it is not a condo where you own the land the house sits on you might pay $350 but you will get a better price by having all the attached units buy a policy together.
Tom Inglesby, Broker
RE/MAX Equity Group