Buying a home can be one of the most exciting and intimidating things you will experience. However, simply by understanding the basic information that you need to share with your insurance agent, you can make this a more positive experience by creating a smooth transition when it comes to your homeowner’s insurance policy.
As a new homeowner, the following information about your new home should be provided:
- Price paid for home
- Construction type
- Foundation type
- Year home was built
- Address of home
- Previous insurance policy details
Also, be prepared to share with your agent the square footage of your home, as well as any dimensions, including garages, decks, basements, etc. It is important to also include any potentially hazardous items on your property or possessions that may attract children, which could leave you, the landowner, liable for any injuries that it may cause.
The following items should also be included as a list of important items that need to be added on to your homeowner’s insurance policy:
- 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, as well as detail the last time anything in your home was updated or renovated.
The information above should all be reviewed with your insurance agent regularly in order to ensure your coverage remains up-to-date and accurate. If you do decide to add any additions to your house, or redo part of your home, be sure to inform your agent.
Talk with your agent to ensure you are receiving the best coverage possible for your new home. Contact Brazelton Insurance Group for more information today!