Home Insurance Tips For First-Time Home Buyers

​Holding a set of keys to your new home is an exciting milestone. As a new homeowner, there are a few things you’ll have to sort out before you can settle comfortably into your new abode. Home insurance is the peace of mind all homeowners need to take care of their property.

Understanding Home Insurance
Insurance jargon tends to confuse many people; that’s why it’s essential to get acquainted with the basics before approaching an insurer. At its most basic, home insurance protects your home from harm under specific listed “perils.” Apart from your home’s physical structure, the policy also insures the garage, fence, and other facilities in the vicinity. 

Tips for Buying Home Insurance
Now that you understand what home insurance is, let’s get down to some useful tips that’ll help you pick the perfect policy.

1. Do Your Research
   Getting insurance shouldn’t be a last-minute or impulse decision; plan and assess your needs. This way, you can better search for insurers in your area that’ll meet those needs.
   
   
2. Insurance Agent vs. Mortgage Lender
   Banks or mortgage lenders often offer mortgage insurance as a security that they can get their money back if anything happens to them. It is generalized, which may cost you money since it doesn’t consider your individual needs. 
   
   
3. Have a Professional Appraisal 
   Having your home inspected helps you appreciate what potential issues you may have to deal with in the house. As you purchase home insurance, you won’t risk under or over-insuring the place.
   
   
4. Bundling
   If you already have auto insurance, for example, consider getting home insurance from the same company. Often, this means that the overall premiums paid will be cheaper, and there’ll be discounts on offer for bundling.

Conclusion
Be wise as you settle into your new home by taking the necessary precautions and sufficiently protecting your purchase. Home insurance doesn’t have to be a headache once you know what your needs are. What's more, it doesn’t have to cost you an arm and a leg if you use the tips mentioned above.

At Leigh Insurance Agency, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (904) 826-0799 or Click Here to request a free quote.