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Buying your first home is one of life’s biggest milestones. After months of saving, searching, touring homes, and navigating the mortgage process, you’re finally getting the keys to a place you can call your own.
Get peace of mind from day one. While you’re busy planning paint colors and where to put the furniture, there’s one important step you don’t want to overlook: the right homeowners insurance. Check out this Homeowners Insurance checklist before closing to make sure you are properly protected.
At Encharter, we work with first-time homebuyers every day, and we make it easy to find the right coverage. If you have any questions, contact our office at or complete our online quote form today!
Why Homeowners Insurance Matters
Homeowners insurance helps protect one of the biggest investments you’ll ever make.
A standard homeowners policy typically helps cover:
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Damage to your home from covered events like theft and vandalism, fire, windstorms, or hail
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Your personal belongings, furniture, electronics, and clothing
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Liability protection if someone is injured on your property
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Additional living expenses if a covered loss makes your home temporarily unlivable
Having the right coverage can provide peace of mind when the unexpected happens.
Don’t Focus Only on Price
It’s tempting to shop for the lowest premium, especially after all the expenses that come with buying a home. But the cheapest policy isn’t always the best value.
Every home is different, and your insurance should reflect that. Factors such as your home’s age, location, construction materials, roof condition, and replacement cost all play a role in determining the right coverage.
An experienced insurance agent can help you understand what you’re buying—not just what you’re paying.
Understand Your Deductible
Your deductible is the amount you’ll pay out of pocket before your insurance coverage kicks in after a covered claim.
Generally:
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Higher deductibles can lower your monthly premium.
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Lower deductibles typically mean higher premiums but less out-of-pocket expense if you need to file a claim.
Choosing the right deductible depends on your budget and financial comfort level.
Ask About Discounts
Many first-time homeowners qualify for discounts they may not know about.
You could save money by:
Bundling your home and auto insurance
Installing security systems or smart home devices
Having a newer roof or updated electrical and plumbing systems
Remaining claims-free
An independent agency can compare discounts across multiple insurance companies to help maximize your savings.
Know What’s Not Covered
Many homeowners are surprised to learn that certain risks require separate coverage.
Standard homeowners policies generally do not cover:
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Flood damage
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Earthquakes
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Normal wear and tear
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Sewer or drain backups (unless added)
If your home is in a flood-prone area—or even if it isn’t—it’s worth discussing whether additional protection makes sense.
Why Work with Encharter?
Unlike agencies that represent just one insurance company, independent insurance agencies like Encharter work with multiple carriers.
That means we:
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Compare coverage options from several trusted insurers
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Find competitive rates based on your specific needs
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Help you save money with discounts
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Explain policy differences in plain language
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Continue reviewing your coverage as your life changes
Our goal isn’t simply to sell a policy, it’s to help you make an informed decision and protect what matters most.
Congratulations on Your New Home!
Buying your first home is an exciting achievement and having the right insurance helps protect everything you’ve worked so hard to build.
Whether you’re preparing for closing or have already moved in, we’re here to answer your questions, compare coverage options, and help you find a homeowners policy that fits your needs and your budget.
Ready to protect your new home? Contact our team today for a fast, free, personalized homeowners insurance review and quote.
Chat with an Encharter agent about your insurance today:
Complete our online quote form
Sources:
https://content.naic.org/consumer/homeowners-insurance.htm
https://www.consumerfinance.gov/owning-a-home/
