The Home buyer’s Guide to Insurance

Owning a home means protecting it, but many first-time home buyers are confused about buying insurance. Here are a few tips to getting the most out of your home insurance!

Calculate Risk

Wherever you live in Frederick, MD, you need to be honest about the risk factors of your home. This includes whether it is likely to be flooded if it is in an area previously affected by tornados, and so on. In some cases, you can get a great deal on acquiring additional insurance for something like floods even if you think the chance of a flood is remote. Lebherz Insurance can offer you peace of mind about your future.

Wear, tear, and your bill

Before buying the house, have a professional home inspection done. This may result in recommendations for things to fix. After fixing them, notify your insurer you have done so. In some cases, this can lead to a lower monthly insurance premium. Your insurance agent may have further recommendations based on any of the renovations or additions you made.

Credit worthiness

Credit may be a source of worry when you are buying a house. Most people focus on getting their credit high enough to get a competitive home interest rate but don’t forget that your insurance score can also affect how much you pay for your insurance. As with the home inspection, it would be appropriate to monitor your credit score and do your best to make it as high as possible to get the best insurance price.

If you own a home in Frederick, MD or are considering purchasing a home, then you need someone who treats you like family. Contact Lebherz Insurance today to start building a safer tomorrow!