If you are a first-time homebuyer who's looking to buy a house and start shopping around homeowners insurance the most important thing you need to do is make sure you have the right type of policy. A lot of people a lot of times people just look at the paper and they look at what the numbers are exactly and then they look at the number at the bottom of the page. Oftentimes, they don't know what they're looking at and so because of it. They just choose the page that has the lowest number on the bottom and go with it. More often than not, people honestly don't understand the insurance policy, and a lot of people are embarrassed to say that they don't understand the homeowner's insurance, as best as they possibly should, This is why you need a guy like Abel from Goosehead Insurance so you can make informed decisions on how to get every extra warranty when you buy a home.
Now, is there such thing as too much insurance?
The stark answer is no. There's no such thing as too much insurance because it's all about how comfortable you are with what you have. A good insurance agent like Abel will explain exactly what it is that you're going to be covered for and if there are things that you'd like to add on, you will absolutely know about it. At the end of the day, your insurance agent wants to make sure that you are both working towards the same objective. Your insurance agent will need to understand you as the buyer and so they will ask you questions such as, “Is price the most important thing? Is it going to be covered? Or is it a little mix of both? Or what is the best coverage for the least amount of money? Most people answer with the third because most people want to make sure they're protected. Based on your answer, the insurance agent will then make suggestions and then let you customize it according to what it is you want. One of the things most common practice in the insurance industry is people will send you a quote and that’s it. You then have to figure it all out by yourself. The real benefit of using Goosehead insurance isn't just that they can find you not only the best the cheapest policy, but also the best policy that fits you well. A lot of times clients find out that they can either have a lower payment or keep the same payment and still have way better coverage.
I know how overwhelming buying a home is. A lot of time, there are so many things coming to your
mind that are going to hit you such as ensuring that you have the right electricity utility set up. You’ll get preoccupied with other things such as the home warranty. A lot of things can happen during the closing process which can take typically around 20 days. If you're going to buy a home in 30 days, make sure to have someone like Abel on your side who can do the shopping for you.