What to Look for in Home Insurance:

When you start shopping for home insurance, focus on finding a policy that covers what you need without paying for extras you don’t. Make sure your policy includes coverage for:

- Property Damage: This covers damage to your house from things like fires, storms, and other accidents.

Liability Protection: If someone gets hurt on your property, this coverage helps pay for any medical bills or legal costs.

- Personal Property: This helps replace your belongings, like furniture and electronics, if they are stolen or damaged.

Common Pitfalls to Avoid: 

One big mistake is not getting enough coverage. You might want to save money on premiums, but this can mean you won't have enough help if something big goes wrong. Here’s what to watch out for:

- Underinsuring Your Home: Always insure your home for how much it would cost to rebuild it, not just its market value.

- Ignoring Flood Insurance: Regular home insurance doesn’t cover floods. If you live in an area where floods can happen, consider getting flood insurance separately.

Understanding Coverage Limits:

Coverage limits are how much the insurance company will pay for a claim. It’s important to choose limits that fully protect your property. For example, if your home is worth $300,000, make sure your policy covers at least that much. Also, check your deductible, which is what you pay out of pocket before insurance kicks in. A higher deductible can lower your premium, but make sure it’s an amount you can afford if you need to make a claim.

Getting the right home insurance is a crucial part of being a first-time homeowner. Take your time to understand different policies, choose enough coverage, and don’t hesitate to ask questions. Good insurance not only protects your new home but also gives you peace of mind.

If you’re feeling unsure about choosing the best policy, reach out to us at The Lambert Agency. We’re here to help make sure your home is protected right from the start!