If you’re first-time homeowner, you’ll probably experience some trial and error before you know how to properly
Buying A Home Research Insurance Now
If you’re in the process of buying a home or just starting your search, it’s never too early to start researching an important aspect of owning a home: insurance. Your lender will likely require homeowners insurance if you’re financing the purchase, and even if it’s not required, insurance can help mitigate some of the risks and costs that come with owning a home.
According to the Texas Department of Insurance (TDI), homeowners insurance policies typically cover damages from:
However, policies often don’t cover damages from:
To help you research what carrier or policy options will be best for you, the TDI has a number of resources, including information about discounts, what insurance credit scoring is and which carriers use it, sample rates, and more. You can also download a checklist from the TDI to help with your homeowners insurance research process.
Se Habla Espanol. Olga Vega-Carter is a licensed Real Estate agent with SPI Realty. Olga Vega-Carter, a native of Port Isabel, Texas, is a member of one of the founding families of the Laguna Ma....