How to Buy Homeowners Insurance (Coverage, Quotes and Rates Guide)
How to buy homeowners insurance is easy, especially if you can get a home insurance bundle from your current insurance provider. Homeowners insurance should be purchased by everyone before owning a home, and most lenders will not approve a mortgage loan without a homeowners insurance policy. Start comparing homeowners insurance quotes below with our free tool.
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UPDATED: Jul 30, 2020
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Home insurance (often referred to as homeowners) should be purchased by just about anyone that wants to protect themselves financially from a major loss related to their house or belongings. In short, everyone should have home insurance.
Banks will often require an individual to obtain a homeowners policy before lending money for the purchase of a new house. They can also require ongoing coverage to guarantee the house is protected.