What First Time Home Buyers Must Know About Home Insurance

Taking the keys to your first home and opening the front door is one of the most energizing and validating experiences in American life. To see the value of your hard work manifest in a physical location means a lot, especially the first time it happens. 

While you revel in the experience of being a new homeowner, consider taking the time to learn about what the right home insurance can do for you. 

The easiest way to learn about home insurance is to call Kevin Dennis Insurance Agency. Your dedicated insurance agent will patiently explain homeowner insurance to you, and get you started on your homeownership journey.

Coverage

The coverage your home requires depends on several factors. 

Your home insurance should cover the cost of replacing your home. If you purchased your home using a mortgage loan, your mortgage provider might require that your coverage equal 80% of the cost to replace your home.

Deductible

Home insurance policies typically require the payment of a deductible if the policy needs to cover a loss. When purchasing a home, it’s essential to consider the amount you will be willing to pay in deductible, should you need to utilize the policy to cover damage or loss.

What is Not Covered 

Most homeowner insurance does not cover flood damage, as flood insurance is issued separately. Call Kevin Dennis Insurance Agency to learn more about what is and is not covered by a typical homeowner insurance policy. 

Your Mishawaka, IN Home

Whether your first home is a condo, a townhome, or a single-family home, your family will be delighted to organize and decorate– knowing this place will be your very own for years to come. Watch your daughter’s room change as she moves from figure skater posters to boy bands. Your wife will love selecting window treatments for the front room and choosing the perfect tile backsplash for the kitchen.

But before you get cozy in Southbend or Mishawaka, IN, contact Kevin Dennis Insurance Agency for a free home insurance quote. Make a choice to protect yourself and your family today.