Moving into a new home is exciting, full of to-dos, and a lot of work. There are loan applications, house showings, and moving logistics; however, one part of the moving in process that shouldn’t be stressful is making sure you’re properly insured.
Purchasing a home is one of the largest and most expensive investments we’ll ever make, and obtaining proper home insurance is absolutely critical.
For starters, your house should be insured for the full Replacement Cost, and not the Market Value. You’ll need to have coverage for your personal property and higher valued items such as jewelry, antiques, or expensive electronics. How much liability coverage you need is important too, and depending on your financial situation, perhaps an Umbrella policy is needed. Do you need other endorsements not included on a standard policy, like water back-up, service line coverage, or refrigerated products coverage?
It also pays to compare policy deductibles. Over the past several months we’ve seen numerous carriers increase their starting deductibles to $2,000 or percentage amounts. Did you know that many insurance providers in Virginia still offer lower deductibles?
We Help Make Your Home Closing Easier
Instead of working for one big company, our Family of Independent Agents represent multiple insurance providers. This allows us to compare rates and coverages so you’ll get the best coverage-to-value policy available.
After finding the right policy for your needs, we help coordinate with your home closing so everything from the insurance end is ready to go.
Call or stop by today and discover everything our Family of Independent Agents can do for you.