Insurance 101

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1.
An account that money is collected in for taxes, insurance and PMI
2.
A type of insurance document that is most preferred
3.
The level of risk for flood zones A or V
4.
The type of insurance required on all loans
5.
Wind coverage has to mirror this type of coverage
6.
Where does wind not mean the same as hurricane coverage
7.
Is a type of hazard policy that is needed when the other policy is a California Fair Plan
8.
Is a type of policy needed if the hazard policy excludes wind coverage
9.
A layered policy is typically found on what type of property?
10.
Who is responsible for paying for an insurance policy when the loan is non-escrowed?
11.
What is typically made up of Principal, Interest, and Escrow
12.
There is a _____ when not enough money was deposited into the escrow account.