Insurance Tips for Home Buyers
Looking for a new place to call home?
Whether you're a first-time home buyer or are searching for an exciting new place to grow your dreams, there are many important factors to consider - including insurance implications.
Before you buy, talk to your agent about the following factors. It can help you confidently choose your next home and insure it carefully.
Age and construction matterNewer homes may cost less to insure. Your insurance bills also may be lower if the home is made of fire-resistant materials like brick or concrete.
Location, location, location A home's zip code can affect taxes and insurance. In particular, weather, crime, local infrastructure like water and sewer lines, and proximity to a fire department can affect your premium.
Know your roof If the roof is new, in good condition and/or built of impact-resistant materials, you could save on insurance.
Check the heating, wiring and plumbing The age and condition of your furnace, electrical system and plumbing could affect your insurance premium. Alternate heating like wood-burning stoves could add additional insurance costs, or even make your home ineligible for homeowners insurance.
Save on insurance discounts American Family Insurance offers great discounts to home buyers and existing home owners.
Learn more about coverage considerations, discounts and more by contacting your American Family Insurance agent today. Your agent can play an important role in preparing you for purchasing that special place to enjoy for years to come.