When is the right time to buy homeowner’s insurance?

You’re a first-time homebuyer, and you’ve spent months searching for the perfect house. The homeowner accepts your offer, and now you have to learn about a topic that might not be as fun as home-shopping, but it’s vital. Homeowners insurance allows you to do just that, providing funds if your home is damaged by a covered peril. Home insurance also offers liability protection if someone is injured at your home. Make sure your policy limits are sufficient to cover repairs or replacements, as these costs will be your responsibility if they exceed the set amount.

Homeowners insurance coverage is an important requirement of your new home loan, and should not get rushed into at the last minute. Doing so may make you miss important details such as ways to get discounts that could save you lots of money. At least 30 days before the closing, you can start to shop around. Not everyone is aware of the importance of buying a policy beforehand. Not having insurance in place before your closing date could cause there your closing process to be delayed. Starting the home insurance process early gives you a leg up in a couple of ways.

Once you start shopping, you’ll become more familiar with the coverage you need so that you can make a better apples-to-apples comparison among companies. It is recommended to get quotes from at least three insurers and check carriers ratings to see which did best in satisfying customers who made claims. If you shop early, you also give the insurer more time to “underwrite” your home—that is, to determine the appropriate level of coverage. That’s particularly important if your home has lots of unique or unusual details, like woodwork made of rare wood.

Three Steps To Take Before Buying A Home

A home is a significant investment, which means that having a homeowner’s insurance policy in place is a must. If this is your first time purchasing property, you may be wondering what other steps to take before you sign on the dotted line. These helpful tips will get you ready for the purchase.


Catching Up with Nikki and Ashley

Hail damage? Get your roof inspected first!

If you believe your home suffered hail damage from the April storm, make sure you have your roof inspected before you file a claim. Then call your insurance company to file a claim IF you have damage. If you don’t have your company’s info you can Google the company and find the claim info online, your agent’s website may have links to the company’s pages, or you can ask your agent.