When Do I Need To Buy Home Insurance?

  1. 7647 POINTS
    Mark Bartlett CLCS
    Branch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance Carriers
    If you are a homeowner you need homeowners insurance. If you are a first time buyer then escrow and the lender will make sure you have homeowners insurance in place at the close of the home sale. If you are already a homeowner then I recommend you maintain a homeowners policy. If your home is paid in full you do have the option of letting the policy go but I would advise against this unless you believe you can afford the replace your home in the event of a total loss.
    Answered on September 3, 2013
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>