Couple carrying boxes and belongings into new home.

Buying a New Home? Consider These Insurance Factors

With home prices continuing to be competitive and interest rates low, many people are dipping their toes into the real estate market. Regardless of whether you are a first time home buyer, considering the purchase of a second home or an empty nester looking for a cozy smaller property, it is important to factor in the potential insurance costs of the home you are considering when calculating the overall price of owning the house, according to the Insurance Information Institute (I.I.I.).

When looking at prospective new homes, the I.I.I. suggests asking the following questions:

Source: Insurance Information Institute (