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November 14, 2013 9:57 am
We are pleased to have Carrie Van Brunt-Wiley, editor of the HomeInsurance.com Blog, return as our guest blogger today. The HomeInsurance.com blog serves as a resource center for insurance consumers and homebuyers across the country. – The KCM Crew One of the first stages during the hunt for a new home is crunching the numbers to figure out your budget. And no matter how high or low that budget may be, prospective homebuyers should take into consideration the cost of insuring the home. It's easy to overlook insurance, especially since you may be more worried about the number of bedrooms, the school district, or the size of the backyard. But before you can close on the purchase, your lender will require you to line up homeowners insurance. You may be hit with some sticker shock if the home you are about to buy ends up being a high risk- and therefore high cost- home to insure.