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Insurance Basics When You’re Buying A Memphis Home

Many of our Memphis area clients begin house hunting during the spring and summer months. And while you may know all the basics to getting a mortgage and finding the perfect house, many people have no clue where to begin in looking for homeowners insurance.

That’s where we come in!  Home buying is a long and sometimes stressful process, but the insurance doesn’t have to be. Here’s how to make it incredibly simple.

When you find the right home and have an accepted offer, let your lender know that we’ll be handling your insurance.  They’ll typically send us the loan information, but you can speed up the process by calling us and letting one of our agents get all of the important details. We’ll need to know things like what year the home was built, how many square feet, what construction materials, and other items like that.

Then we’ll contact your lender to determine the closing date and the mortgagee clause. (You don’t need to worry about this! Just let us know who is taking care of your loan and we’ll handle the details.)

We’ll fax all of the insurance documents to your lender before the closing date and you’ll be ready to go!

To save a little extra on your home policy, let us know about any security systems or if you’d like to quote your auto insurance at the same time.

Home buying can be stressful, the insurance side is really simple with the right communication and team. Call us at 685-2324 today to discuss your new home.

 

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