Insurance 101

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Across
  1. 5. What is a type of loan used to buy or refinance a home
  2. 10. PMI stands for what?
  3. 12. What type of flood zone is A or V zones in?
  4. 13. What state would a separate hurricane coverage be needed even if there's wind coverage on the homeowner's policy
  5. 14. What state would you normally see a wrap around hazard cover on
  6. 15. Wind should ____ the hazard coverage
  7. 16. What is it called when the lender takes possession of a home?
Down
  1. 1. What is an additional amount of funds held in the escrow to prevent a shortage?
  2. 2. Who is required to make a payment for insurance from an escrowed loan?
  3. 3. What type of flood zone is B, C, D, or X in?
  4. 4. What type of policy has 2 or more types of property coverage?
  5. 6. What is it called when there's a surplus in the escrow account?
  6. 7. Who pays for the insurance if the loan is non-escrowed?
  7. 8. How often is an escrow analysis run?
  8. 9. What's another word for homeowner's insurance?
  9. 10. Mortgage payments are typically made up of Interest, Escrow and what else?
  10. 11. How long is homeowner's insurance required for?