Washington Post - Insurance plan allows homeowners to guard against down-payment losses

When you put down thousands of dollars to purchase a home, you’re taking a potentially serious financial risk: You could lose some or all of that money if the value of the house declines or a job transfer, illness or other life event forces you to sell the property during a dip in market demand.

But would you be willing to pay an insurer a one-time premium to protect your down payment against loss? There’s never been such an option, but beginning in January that’s likely to change with the projected nationwide rollout of something called “+Plus by ValueInsured.”