Tag: homeowners insurance

  • Meet Our Affiliated Lender and Insurance Companies

    Buying a home can be one of the most important purchases in your lifetime, which is why it’s crucial to have the right resources by your side every step of the way—from finding the home to insuring it. At Richmond American, we work closely with our affiliated lender and insurance companies to offer a streamlined experience for our buyers from start to finish. This “one-stop shop” option includes HomeAmerican Mortgage Corporation, American Home Insurance Agency and American Home Title and Escrow Company.

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  • Ready to Shop Policies? Use Our Home Insurance Checklist

    You’ve found your dream home—now it’s time to insure it! Selecting the right home insurance policy is important not only because it may be a condition of your home loan, but also because it can offer you and your family greater peace of mind. If the unexpected happens, homeowners insurance can provide coverage for losses and damages to your house, its contents (including pets and personal belongings) and even personal liability for people inside your home or on your property.

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  • How to Shop for Homeowners Insurance

    Purchasing home insurance makes good sense, and not just because it’s often a condition for home loan approval. It’s also a good idea for peace of mind. You definitely don’t want to find yourself wishing you’d purchased the right insurance after something unexpected happens. So, if you’re in the market for a new home, check out the following tips about how to shop for homeowners insurance that can help cover what your home may need.

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  • New Home vs. Resale Home: Homeowners Insurance Edition

    When you’re ready to buy a home, one of the most important decisions to make is whether you want to buy a new home vs. resale. While buying a resale home may seem appealing, it is important to consider the possibility that you may end up paying a higher homeowners insurance premium based on the home’s history, construction and more. Read on to discover some of the potential hidden costs associated with older, foreclosed or distressed homes.

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  • Benefits of bundling home and auto insurance policies

    Whether you’re buying a box of donuts or a set of jerseys for your softball team, you’d expect a discount for buying in bulk, wouldn’t you? Well, the same principle applies to insurance policies. Read on to learn about how bundling home and auto insurance can save you money.

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  • Questions To Ask When Choosing An Insurance Agent

    You’ve contracted on a new home and now it’s time to choose an insurance agent. After all, you’ll want to protect your investment in the event of theft or a natural disaster (e.g., flood, fire). Plus, most lenders require homeowners to maintain insurance as a condition of the loan. Following are some important questions to ask at an insurance agent interview to be sure you find an agent that’s right for you and your home. Read more.

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  • What is Homeowners Insurance?

    Homeowners insurance (also known as hazard insurance or abbreviated as HOI) provides coverage for catastrophic events that may occur to your home. It covers the house, contents, personal liability and medical payments exposures. Most mortgage lenders require homeowners to maintain homeowners insurance as a loan condition. Read more.

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  • Household Items That May Need Special Insurance Coverage

    Homeowners insurance is a key part of owning a home. Be sure your policy covers any special items you may not have considered. Read on for examples, including jewelry, fine arts, furs and more. We’ve also included tips for care and storage of valuable items.

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  • 5 Questions to Ask When You’re Choosing a Mortgage Lender

    Before you’re handed the keys to your dream home, you’ll have to pick a mortgage lender to help with your homebuying journey. But how do you find the right one? Here are five key questions that can help you narrow down your lender options and choose the one that makes your homebuying process as smooth […]

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  • How to Choose an Insurance Company

    Homeowner’s insurance is a critical aspect of owning a home, but with so many options to choose from, selecting an insurance provider can be daunting. In addition to standard coverage, following are some helpful hints to consider when you choose an insurance provider. Coverage is the biggest factor to keep in mind when it comes […]

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  • What Does Home Insurance Cover?

    Insurance is a crucial part of being a homeowner. In fact, most mortgage lenders require that buyers carry a homeowner’s insurance policy. While policies may vary, there are certain items and events that are typically covered in many policies. Typically covered: Dwelling Coverage Dwelling coverage includes the actual structure of the home. This means walls, […]

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  • Happy National Insurance Awareness Day!

    With so much going on in life, it can be easy to overlook your insurance policies. National Insurance Awareness Day is celebrated annually on June 28, to serve as a reminder to take stock of your current insurance coverage and make any necessary adjustments. From auto and life insurance to homeowner’s Insurance and more, these […]

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