Your mortgage underwriter will require a homeowner’s insurance policy during underwriting, so it’s smart to start now.
For most people, a home is the largest purchase you’ll make—make sure it’s properly insured.
Shop Around for the Best Rate & Coverage
Rates and coverage can vary dramatically. Begin with the company that insures your car—you may qualify for a
multi-policy discount. Then compare quotes from at least 2–3 additional carriers.
Want tips on comparing policies? Read this quick guide.
Important: Set your policy’s effective date to the day before closing.
If something happens during closing day, you’re covered.
Provide Proof to Your Lender
Your underwriter will require documentation before final loan approval. Ask your insurer for:
- Binder or declarations page with your name(s) and the property address
- Effective date (day before closing) and annual premium
- Mortgagee clause/listed lender information (your loan officer can provide exact wording)
Questions about timing or documents? Contact us—we’re happy to help you coordinate with your lender and insurer.