It is hurricane season here in Florida and that means that buyer's should NOT wait to get homeowner's insurance! Once there is a named storm out in the Atlantic, Carribean or Gulf of Mexico, insurance companies will NOT write new policies.
The first thing I tell prospective buyers is that they need to start checking prices with insurance carriers as soon as the contract is accepted. Once the inspection is complete and they are ready to move forward, they need to get that homeowner's and flood insurance taken care of. If there is a mortgage, they need insurance and once there is a named storm, NO company will write a new policy. Time is NOT on your side in hurricane season!
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