Is homeowners insurance included in your mortgage? Maybe
Keep in mind that if you live in a high-risk area, your premiums may be higher
It’s important to remember that homeowners insurance can be a major factor when purchasing a home. If you live in an area that is at higher risk of natural disasters or other catastrophes, your premiums may be significantly higher. Homeowners insurance should always be taken into consideration when budgeting for a mortgage, since it is not typically included in the monthly payments. Make sure to talk to your insurer or insurance agent so that you can understand the details of your coverage and any extra costs associated with living in a high-risk zone. So if you are trying to buy a new home and new homeowners insurance, Insurance Professionals of Arizona would be happy to discuss all the different options available to you, and find you the best coverage and the right price. After all, you should be able to enjoy your new home and neighborhood without having to worry about what would happen in the event of a fire or natural disaster.
