Buying a home is exciting and knowing the basic information to share with your home agent creates a smoother transition. Talk with your agent to ensure you are receiving the best coverage. When buying a new home, it is crucial to share information with your agent as you’re presenting your information for the first time.
As a new homeowner, the following home information should be provided:
- Price paid for home
- Construction type
- Foundation type
- Year home was built
- Address of home
- Previous insurance policy details
Your agent will also be interested in the square footage of your home and any dimensions (garages, decks, basements, etc.). In addition, please list any potentially hazardous items on your property. This includes possessions that may attract children and leave the landowner liable for any injuries it may cause. Below is a list of important items to list on your home insurance plan.
- Swing sets
- Hot tubs
- Play grounds
- Fire hydrants
In case of an emergency, your homeowner agent would also like to know how close you are to a police station or fire department and that all smoke detectors and other alarms are working properly. Be sure to inform your agent about your heat, electricity, roofing, and plumbing. Finally, be sure to detail the last time anything in your home was updated or renovated.
Once your policy has been created, the information above should be regularly reviewed with your agent so your coverage remains accurate. If you make additions to your house or redo part of your home, inform your agent to keep your property safe.