Buying a house involves many steps, and for most people, getting home insurance is near the top of the list. Understanding the benefits of home insurance and how to obtain it is essential. The more you know about home insurance, the better prepared you’ll be.

This is why many people turn to Irvington Insurance, servicing Indianapolis, IN. Our independent insurance agency works with multiple insurance carriers to help customers find the best insurance for their needs. Here’s what you need to know.

What Is Home Insurance?

Home insurance provides financial protection to repair or replace your home and belongings when covered events cause damage to your property. It can assist with recovery from disasters such as fires or theft. For many homeowners, having home insurance offers peace of mind.

Are You Required to Get Home Insurance When Buying a House?

If you’re obtaining a mortgage to purchase your home, you will most likely be required to have home insurance. Your lender can confirm the specific details of this requirement.

In some cases, homeowner’s associations (HOAs) may also require you to have home insurance. If this is the case, the HOA will provide this information when you express interest in the property.

Even if you’re not required to have home insurance, many people choose to purchase it anyway. Home insurance makes recovery after certain disasters significantly easier.

Contact Us for Home Insurance

If you’re buying a home and are interested in home insurance, contact the professionals at Irvington Insurance, servicing Indianapolis, IN. Our insurance experts are dedicated to helping clients find the best insurance products at the most competitive prices. Call us today to get started.