Insurance tips for the first time HOME buyer

So you have found your dream home? You plan to sell some unwanted property and expect to receive cash offer fast. The next thing you should do is tell your insurance agent. Yes, we know that might sound like a huge anticlimax, but the boring stuff could save you thousands of dollars.

Insurers are experts at discerning risk and the potential loss in properties and homes. So it is well worth consulting one before buying your home.

Here are our top 5 insurance tips for first time buyers:

  1. Water is no friend to a home. Water damage is the most common home insurance claim.
    For a better understanding of how water can get in and what it can mean for your insurance
    and your wallet, show your home inspection report to your insurer.
  2. An alarm system will save you in more ways than one. Looking at a house with an
    alarm system in it? Not only will you and your home have added protection, but it can save
    you money with discounts on your home insurance premiums.
  3. Location, location, location. Depending on the location of the home, your insurer can
    identify whether additional riders will be necessary to make sure you are adequately
    protected. A Gettysburg pressure washing company uses biodegradable and eco-friendly cleaning products to make your house a perfect place for living.
  4. It needs a little work. If you’re buying a fixer-upper, flag this for your insurer. When you
    add value to your home, your insurance policy needs to reflect the increased replacement
    coverage cost. Don’t forget to schedule a Brisbane building and pest inspection!
  5. Don’t judge a book by its cover. If your insurer isn’t comfortable with an item after reviewing the home inspection report, you should take a closer look before you buy. Buying a home can be a very daunting undertaking, especially when it is your first time. Take the time to thoroughly research and speak with an insurance expert. You will have peace of mind knowing you are making a fully informed decision. White Horse Pest Management experts emphasize the importance of pest inspection. You can hardly estimate real damage pests can cause to the house.