A new insurance program safeguards home buyers' down payments, something many buyers are concerned about since the last recession.
+Plus by ValueInsured works like the insurance buyers are already paying for at closing, such as private mortgage insurance (PMI), which protects the bank. But, with +Plus, the policy protects the homebuyer: If the market falls and the homeowner decides to sell, +Plus will reimburse them up to the full value of their down payment. The average cost for the protection is equivalent to less than a lunch per month.