Home owner's insurance

[Beachboy]

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hey beachboy..i too am using Pyramid Insurance and although i don't pay for pmi..mr rabi is correct..that is based on how much down payment to layout. although i too had to get hurricane insurance. my lender demanded it. my home is brand new in hawaiian beaches, up to code..etc but i still had to buy it. lets hope we don't ever have to use it...

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yeah, I went with pyramid Insurance because of their track record with other clients. Pyramid may be a bit more expensive, but they get things done ASAP when the you know what hits the fan!

Can anybody explain to me why if I cancel hurricane insurance I forfeit the money,but if I did that with my homeowner's insurance I'd get money back on pro rated scale?