Facts About Homeowners

When you decide you want to buy your first home, it may not be the first thing that comes to mind. However, most mortgage lenders require you to have homeowners insurance before they will approve your loan. There are a few things you should know about homeowners insurance, but if you have any questions, contact our office at 413.475.7283 or fill out our online quote form today!

Some losses are excluded from most homeowners insurance policies. Standard homeowner insurance policies do not cover floods or earthquakes. If you want coverage for flood or earthquake damage, you need separate policies for them. If you are in a flood zone, your mortgage lender may require you to purchase flood insurance.

We all know that our credit score is important for many things. Did you know that it can also affect your home insurance premium? Some states have banned this practice; But in most cases, your credit score can affect your insurance premium. The better your credit rating, the lower your premium. So while sprucing up your credit rating to get a good deal on your mortgage, you should maintain a good rating to save money on your homeowners insurance.

Poor home maintenance can cause a claim to be denied. . Not all damages are covered by home insurance. If the damage that has occurred in your home is due to you not maintaining your home properly, your claim can be rejected. When it comes to home maintenance, do not be a procrastinator!

While living in your new home, you will acquire new valuables, personal belongings and perhaps make some home improvements. You should always report these to us directly so that we can ensure that your coverage is adequate for your investment. Enjoy your new home, you deserve it! If you have any questions regarding home insurance, please contact Encharter Insurance at (888) 754-8299 or online at http://www.encharter.com/. [1965657] Chat with an Encharter agent about your insurance today:
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