Do You Need To Get Home or Renters Insurance Before You Move In?

Homeowners Insurance Before Moving In

Consensus: Get insurance the day you get the keys.

Make Adjustments: Up the personal property coverage on or before the day you move in.

The day you get handed the keys and officially own your home the insurance should start kicking in. For this to be possible you have to find an insurer in advance so values and types of coverage needed can get hammered out. If you’re getting a mortgage, in almost every instance the lender will require that you have home owners insurance secured before closing.

Even if you haven’t moved all your stuff in a fire or flood can do serious damage, mold can grow or burglars could vandalize the property. There’s too much at stake to wing it during the period between buying the home and moving into it.

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