When trying to find out how much is home insurance, it’s a good idea to first understand how a home insurance rate is calculated. Home owner insurance rates are determined by many factors, but the most important thing to consider when looking for cheap home insurance quotes is making sure you have the proper home insurance coverage.
When buying a home you will need to obtain and prove to your lender that you have home insurance on the property before they release the funds on the mortgage. Without it lenders have no protection in the event something terrible were to happen to your home and this is the main reason the require it. But even if a lender didn’t require prove of home insurance would you really want to risk not having home insurance?
Watch this episode with mississauga real estate agent Joe Terceira and insurance broker Robert Atto of Atto & Associates where he will talk about how much is home insurance and why you need to get home insurance on Real Estate 101
For more information on home insurance or for a free home, auto, commercial, travel, or life insurance quote contact Atto & Associates:
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Joe Terceira / Sales Representative
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