Insurance Journal - New Insurance Policy Protects Homebuyers’ Down Payment

Homebuyers may soon be able to buy insurance to protect their down payments in the event they sell their home at a loss.

Much like title insurance protects the lender, this product promises to reimburse homebuyers for their full down payment should they want to sell their new home for any reason between two and seven years after they buy and end up suffering a loss on the sale.