Buying a home is a huge step. There are so many different things to consider once you finally have those sought-after keys. You need to clean it, furnish it, put your things away and make it your home. However, do not let the luxury of having a new home deter you from buying insurance for homeowners: learn more about buying policies for home insurance.
There are many different types of policies for home insurance that can be very confusing and overwhelming to someone who just went through an already confusing and overwhelming process of purchasing a home. If you are curious as to what you actually need to buy when searching homeowners insurance policies, you have come to the right place. Let us get started.
To begin, let us define what it actually is: a policy that provides coverage for you and your home in the event of a fire, damage, loss, or other “peril”. Most policies will also cover your home’s heating and cooling systems as well if they are damaged during whatever ‘peril’ is named in your policy. Finally, most policies for home insurance also cover costs associated if anyone were to be injured on your property.
When you are purchasing a home and requiring financing, most banks will also require you to be buying home insurance. Essentially, it is an all-in-one situation when purchasing a home and getting financing.
The major aspects of a home insurance policy include coverage of your dwelling, personal liability, personal property, living expenses and flood and earthquake. A dwelling policy for home insurance covers your home from damage of theft, fire, vandalism, hail, winds and normally extends to free-standing structures on your property as well. Personal liability policies within home insurance include coverage if someone is injured on your property and plans to sue you for medical costs or personal damages. Personal property policy for home insurance covers your personal belongings such as electronics, furniture, clothes and the like. The living expense portion of your home insurance policy includes coverage of certain living expenses if you were forced out of your home due to an activity listed in your policy. Finally, while not always necessary depending on your location, flood and earthquake home insurance policies cover you for damage caused by – you guessed it – floods and earthquakes.
The market is incredibly saturated with every type of provider under the sun from large nationwide insurance providers to one-off providers in your local town. It can be hard to choose which provider is best for your home and family’s home needs.
The best way to find which provider is right for you is to start looking in your local area. Make sure that you have a connection with the individual insurance provider and that they are licensed in your state. Many nationwide home insurance providers will not have your best interests at heart and only be focused on their numbers for the month. Ask questions about what you need specifically for your individual home and property situation. Above all, make sure your policy is through someone who is trusted in your area, has established roots and committed to providing you only the best customer service with integrity.
At WN Insurance, we understand the immense pressure you feel when trying to select the proper policy for home insurance. We understand how important it is to feel safe and satisfied with your choice of not only insurance providers, but the actual policy itself as well. There are too many scam artists out there only interested in making a buck – and not interested in their client’s wellbeing.
Luckily, at WN Insurance, you are cared for. At WN Insurance, we focus on providing each of our clients 1-1 interactions with their independent agents to ensure a solid foundation from the start. Not only will you receive the most appropriate insurance for your home, you will receive an advocate and friend should anything go wrong.
With nearly two decades of experience in the insurance industry, WN Insurance really is the only choice when you are searching for policies for home insurance. We understand that each home and property is different and deserves the 1-1 attention that we ourselves would desire. There is a reason we are one of the top agencies in Texas (and soon to be Arizona).
Call us today to schedule a consultation to discuss what the best policy is for you. We look forward to the privilege of protecting what is most important to you.