How Long Does It Take To Get A Home Insurance?
- 820 POINTSview profilePete WittmanPresident, The Wittman Group, TennesseeThere are several factors that would determine how long it would take to get a home insurance. The first consideration would be the type of construction (brick, log, vinyl siding, etc) & how far is the closest fire hydrant and how far away is the fire department. The condition of the home would also be considered... is it in need of repair or well maintained? Is your credit good and have you filed claims in the past on other properties. Typically, most insurance companies have access to a large data base that keep info. There are some other factors as well that would be considered. Finally, some agents will have binding authority if the home is not high in value. In which case, you could get coverage on the home the same day it was quoted.Answered on April 21, 2014flag this answer
- 1844 POINTSview profileDavid W. ClausenChief Executive Officer, Coastal Homeowners Insurance Solutions, Rocky Point, NY 11778Good question.. A homeowners insurance policy should be very easy to obtain assuming that you have good credit, the home is not damaged and you will be occupying the home as a primary residence. I would give your local agent at least 2-3 days to work on getting the best rate for you. If the home has prior claims, is located near tidal water or has some other unusual factor it can take longer. Generally speaking, a homeowners insurance policy can be obtained within 24 hours. If a rush is needed for closing it can be done sooner but it limits the time the agent has to secure the best price. Hope this answer helps.Answered on September 14, 2015flag this answer
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