To be a first-time home buyer can be exciting! With your new home, you’ll want to purchase homeowners insurance. While most lenders will require that you purchase insurance, this is also great protection for you.
Before you close on the house, one of the best home buying tips is to shop around for insurance. You can utilize online resources to compare insurance rates so that you know which prices are best. In addition to price, make sure to look at the policies themselves. While it is important to save money, you need to make sure that you have the protection that you need. The more protection that you have under your policy, the less you will have to pay out-of-pocket if you ever have to file a claim.
