Purchasing a new house is a thrilling milestone in anyone’s life. At Blevins Insurance Agency in Lafayette, IN, we want to celebrate your new homeownership by helping you protect your home from liability, qualifying damage, and more. If you’re a first-time homeowner, you might be wondering about the best time to get your home insurance. Should you wait until after you’ve received the keys to your new home? Or should you start seeking home insurance quotes before you even apply for the mortgage? Below, we’ll provide some clarity on when you should purchase home insurance for a new house.
Understanding Home Insurance
Before purchasing home insurance, it’s essential to understand what it is. Home insurance policies protect a primary residence against liability, damage from qualifying events, and in some cases, theft. They cover some costs associated with replacing valuables. However, these policies are only applicable to your primary residence. If your new home is a vacation home, you’ll need a different type of insurance policy. For tenant renters, renter’s insurance is the appropriate policy.
Deciding When to Get Home Insurance for a New House
It’s generally wise to have a home insurance policy in place a few days before you’ve closed on a house. Once you’ve signed the contract for a new house, it’s a good idea to explore your home insurance options. Even if you’re considering buying a new home, it’s a good time to consider your home insurance options.
Get in Touch With Us
Contact us at Blevins Insurance Agency in Lafayette, IN for a home insurance quote.
