What is Escrow, and How Can it Affect my Insurance?


When purchasing a home, the concept of escrow often comes up, but the term isn’t familiar to all homeowners. It can feel daunting trying to understand all the available options for an escrow account and the potential effects on insurance, property taxes, and mortgage payments.

To help you navigate this complex issue, we’re demystifying the basics of escrow to help you understand how the process works and if it’s right for you.