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You mean I have to insure the home, too?

By
Mortgage and Lending with Movement Mortgage NMLS # 574681

Yes…if you can believe it, I actually had a client asked me that question. Sometimes it seems as if the insurance policy isn’t a big deal to some people. But what is important to know is that it’s one of the most important parts of the home buying process. And choosing the right insurance policy for your home is imperative.

 

Formally known as hazard (or fire) insurance, this policy will protect you in case of catastrophic occurrences to the home. But you have to make sure you have the appropriate (not just adequate) coverage. There are many things to consider when getting your policy.

 

Here is a great article that lays out the basics for shopping, questioning, and obtaining a policy. I work with some excellent insurance agents so if you need a good recommendation, please contact me.

 

http://portal.kiplinger.com/article/insurance/T028-C001-S001-the-basics-of-buying-homeowners-insurance.html

 

 Thanks and have a great weekend…

 

 

 

Posted by

JP Marzano

NMLS ID# 574681

O: 312-654-7216

M: 312-608-1555

www.themortgagecall.com

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