HOMEOWNERS Be Aware of These Insurance TIPS Before Buying a Home

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HOMEOWNERS Be Aware of These Insurance TIPS Before Buying a Home

Before buying a home, homeowners need to be aware of these insurance tips! Make sure you're protected with the right coverage.

This week, we’re diving into an important topic: Homeowners Insurance. 🏡 Did you know that securing insurance for your new home isn’t automatically included as a contingency in Delaware’s agreements of sale? 😲

Here’s what we’ll cover:
✅ Why homeowners insurance can be a challenge for new buyers.
✅ Key factors affecting your ability to get coverage (like the age of the roof).
✅ The rising cost of premiums – up 33% nationwide since 2020!
✅ How disaster and climate risks, along with rising construction costs, are driving these changes.
✅ Why it’s essential to consult a professional advisor at Active Adults Realty before signing a sales agreement.

Insurance is just one piece of the puzzle when buying a home, but it’s a critical one! Let’s navigate these challenges together and make your homeownership journey as smooth as possible.

💬 Have questions about homeowners insurance or buying a home? Drop them in the comments!

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Are you coming to Retire to Delaware to start searching for your perfect home for retirement? Don't go it alone and unprotected! Our Agents can help you buy or sell anywhere in Delaware and they focus on the 55+ Communities (designated or not) with New Construction and resales. Look to our Active Adults Realty agents to help you every step of the way!

If you have any more questions about real estate taxes in Delaware, how to relocate and retire to Delaware and more, we want to hear from you! Please leave us a comment below!

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