Page 33 - for PDF DOWNLOAD Copy of 5.23.23 Final Copy of 2023 BUYERSHOME GUIDE

HOME OWNERS INSURANCE
HOME OWNERS INSURANCE

Lenders require homeowners to carry full insurance for the
Lenders require homeowners to carry full insurance for the
duration of the loan.The good news is that your policy will not
duration of the loan.The good news is that your policy will not
only cover the exterior of the house, but your belongings as well
only cover the exterior of the house, but your belongings as well
while at home or on the road.
while at home or on the road.

You can start the process of finding an insurance company at
You can start the process of finding an insurance company at
any time.They will not be able to give you a good quote until you
any time.They will not be able to give you a good quote until you
actually have a contract on a property, but if they already have
actually have a contract on a property, but if they already have
all of your information on file, the quote and binder will be a
all of your information on file, the quote and binder will be a
much faster process.
much faster process.

Insurance options you may want to consider:
Insurance options you may want to consider:
vReplacement cost coverage – in the event of a loss, you don’t
vReplacement cost coverage – in the event of a loss, you don’t
have to worry about depreciation of the home or belongings
have to worry about depreciation of the home or belongings
vEquipment Breakdown Coverage
vEquipment Breakdown Coverage
vIdentity Theft Recovery
vIdentity Theft Recovery

Each of these has merits, but at an additional cost. Only you and
Each of these has merits, but at an additional cost. Only you and
your insurance broker can decide whether these costs are worth
your insurance broker can decide whether these costs are worth
the potential benefits
the potential benefits
We have different insurance companys you can talk with to find
We have different insurance companys you can talk with to find
the perfect Owners Insurance Policy for your home.
the perfect Owners Insurance Policy for your home.