Step 9: Home Insurance
At some point during the underwriting process, the lender will require you to set up Homeownerâ€™s Insurance. It is best to start this now. For most people, your home is the largest purchase you will ever make and you want to make sure itâ€™s properly insured.
Shop around for your homeownerâ€™s insurance because rates can vary dramatically. Get a quote from your car insurance company first because you may qualify for a discount if you bundle your car and home insurance. We also recommend the following insurance agents:
Dodge Partners Insurance
Please note: you will not pay for any homeownerâ€™s insurance when you make these arrangements. Your insurance agent will forward your insurance â€˜binderâ€™ to the lender and it will be forwarded to the title company. The insurance is considered part of your â€˜closing costs & prepaidsâ€™ that we discuss when making the offer.
Questions? Feel free to contact us at 402-415-4799 or email us at firstname.lastname@example.org