In my area, it’s standard to pay for home insurance (as well as property tax) through your lender for the term of your mortgage. A portion of your monthly mortgage payment goes into its own savings account, and they use that account to pay those bills when they come up.
In my area, it’s standard to pay for home insurance (as well as property tax) through your lender for the term of your mortgage. A portion of your monthly mortgage payment goes into its own savings account, and they use that account to pay those bills when they come up.