Questions and Tips to Know When Buying Homeowners Insurance

 During the process between accepting an offer and closing you will need homeowners insurance if you are buying a home for the first time. If you already have homeowners insurance you will need to inform them you are moving to a new home in the Abilene TX real estate area. 

 You just never know what issue could ever come up with your Abilene real estate. Fire, hurricanes, earthquakes, and floods are all too often a part of life today. With natural disasters and man-made accidents a possibilty, you will want to protect your greatest asset... your home.

The following are tips and questions to keep in mind when shopping for homeowners insurance:

→ Combine your homeowners insurance coverage with your auto insurance and you could save up to 10%.

→ Find out all the discounts you qualify for. Homeowners insurance discounts are often available for smoke detectors and fire alarms, alarm systems, and updates to your home, such as a new roof, electrical, plumbing, or heating system.

→ Find out if your policy covers  a foreign army invades the U.S. destroying your house in the process or a car plowing into the side of the house, or a skunk gets into your house making everything stink.

Questions to Ask your Insurance Agent

→How much per month will homeowners insurance cost me?

→ Are there home owner deductibles I must pay before the homeowners insurance begins to help cover my costs?

→ What does the homeowners insurance policy cover, and what doesn't it?

Regardless if you are applying for new coverage or switching coverage, be sure to have your homeowners insurance set up before closing so the lender knows their home is covered. The homeowners insurance payment can also be included in your monthly  mortgage payment and this can be set up by escrow. (for more information please see our newest connection in Texas homeowners insurance)

If you have more questions, please feel free to let us know. We would be happy to help you locate homeowners insurance, a lender and of course find any Abilene TX real estate, home or property.