You’ve made an offer to purchase and the seller accepted. Obtaining homeowners insurance should now be high on your to-do list. All lenders require adequate homeowners’ insurance so think of it as a necessity and not an option.
Generally, a homeowner’s policy covers the dwelling and its contents from things like fire and theft. However, a general policy might not cover expensive items like jewelry or antiques and might not provide protection against certain types of damages like floods or earthquakes policy costs vary based on what they cover.
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Your insurance agent can help you understand the coverage you’ll need. Discounts are often available if an alarm system is installed or if you purchase your automobile and homeowner’s insurance from the same company.
Contact your insurance agent to explore the options and to determine the level of protection you need and be prepared to provide proof of insurance at closing.
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One of the reasons to call the Agardi Team if you want to buy a home or have one to sell is:
Not only do we sell our clients’ homes for more money and faster than the average area agent, but your home is also more likely to sell. According to 2015 MLS statistics, only 71% of area homes sold during their listing term. Compare that to our 95% of homes listed that sold before the end of the listing term. YOUR HOME SOLD GUARANTEED OR WE’LL BUY IT*
To discuss the sale of your home, call The Agardi Team at 718-755-2882 and start packing!
*Agardi Team and the seller have to agree on the price and the closing date.