Do I Need Homeowners Insurance?
Posted by Info @ Homes For Sale Team on Saturday, February 8, 2020 at 9:41 PM
By Info @ Homes For Sale Team / February 8, 2020
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Do I Need Homeowners Insurance?
The video puts this in more visual terms, but Yes! A paid homeowners insurance policy (or a paid receipt for one) is required at closing so arrangements will have to be made prior to that day. Your lender will need proof of insurance prior to giving you a clear to close and sending you your Closing Disclosure.
Involving the insurance agent early in the home buying process may save you money. Insurance agents are a great resource for information on home safety and they can give tips on how to keep insurance premiums low.
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