Here at D & E Insurance Agency, serving the greater Muskogee, OK area, one of the insurance products we offer is home insurance. When it comes to home insurance, we are asked a variety of questions, but one of the questions that people often ask us is whether they purchase home insurance prior to closing on a new home they are purchasing or immediately after closing on their new home.
Do I Buy Home Insurance Prior to Closing or After Closing?
If you are purchasing a home, you must have home insurance on the home prior to closing. You will not be able to close on the home without proof of insurance. This includes either a certificate of insurance that is issued by the insurer you are buying home insurance from or a copy of the insurance declaration’s page.
It is also important to note that your mortgage lender typically needs a copy of this statement a few days to a week prior to closing. This ensures that they list the right insurance company in the closing documents. As such, it is recommended that you purchase home insurance about one to two weeks prior to closing on your new home.
Reach Out To Us!
Congratulations on buying a home! Buying a home is a huge investment, and as such, you want to ensure that you protect that investment by purchasing a home insurance policy that not only covers the full replacement value of your home but the items that are stored inside of your home as well. Here at D & E Insurance Agency, serving the greater Muskogee, OK area, we can help you obtain home insurance for your new home. Call us today to get started.