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Updated over 2 years ago on . Most recent reply

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Alex Von Maltzahn
1
Votes |
1
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Heloc on primary residence

Posted

Anyone get a home equity line of credit? Did it affect the amount you have to pay for home insurance?

am considering heloc but am hoping it won’t affect my insurance I have to pay

Most Popular Reply

Account Closed
  • Rental Property Investor
  • Port Coquitlam, BC
527
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520
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Account Closed
  • Rental Property Investor
  • Port Coquitlam, BC
Replied

@Alex Von Maltzahn welcome to BP.   There should be no impact on your home owners' insurance.  Insurance is not tied to the financing you have in place on your residence. 

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