One Important Insurance Tip for First Time Home buyers!
As a licensed Insurance Agent I want to use this platform to address a peeve of mine. And that is when a first time buyer is referred to me and they tell me that their lender, Realtor, or Appraiser says that they need “X” amount of coverage on their house. The insurance coverage A, the actual insurance amount for your new house is not something that they can determine. Sure, coverage is required before closing and they may have a deductible requirement… but when it comes to the actual amount of insurance; that is to be determined by the insurance company and your agent (the Insurance one).
The bottom line… when you are buying a home insurance policy for the first time, listen to the Insurance Agent and nobody else. I’m bringing this up because you’d be surprised how many times new buyers come to me after being given wrong information when it comes to the insurance part of the home buying process.
Are you unsure about the information you’ve been given? Call me.
Chris Jordan is a licensed Insurance Agent in Atlanta. He specializes in auto, home, life, and business insurance . As an independent agent, he can place your policy with a number of different carriers! His promise is to be the best agent you’ve ever had!
