How long does it take to get homeowners insurance

As you may realize, the length of time to get home insurance can vary. It can be anywhere from a couple minutes to a couple of days. The application can sometimes take up to a few days to complete and from there you still may need a home inspection.

Most insurers will require you to provide information regarding yourself and the home being insured. There are multiple ways to purchase homeowners insurance as well, it can be online, in person, and over the phone. 

If you’re looking to expedite the process you’re going to want to have all the necessary information readily available. The home insurance company may want to see details about how the home like roof material, the type of heating you use to name a couple. There is also a good chance they will want to review your current home insurance policy declarations page and your mortgage contract. Having these items on hand may help to speed up the overall process. 

How long does it usually take to get a home insurance quote?

This too can differ depending on the home insurance company and how readily available the proper documents are. Before your home insurance policy is finalized you more than likely will receive a quote which will be an estimate of the total cost of the homeowners insurance premium. The majority on homeowners insurance companies will provide free quotes that you can obtain online. Although, sometimes the best way to do price comparisons when looking for a new policy would be speaking to an agent directly. 

This is where amazing insurance agents like Eugene C Yates Insurance Agency come up. The agents at Eugene C Yates can help you find the policy that will be best for your personal situation. They have access to some of the best home insurance companies in the industry and on top of that they’re incredibly nice people! If you’d like to skip the rest of this article and get a quote today, please give us a call at 916 313 6100. We would love to help you get better home insurance!

When you’re looking into home insurance you’re going to want to be fully versed on what you actually need coverage wise. No one wants to overpay and sometimes the best deal isn’t the best policy for your situation. 

Some of the basic information you’re going to want to have on hand are as follows;

• Legal name and date of birth
  
• Residence address
  
• Coverage start date
  
• Email address
  
• Number of people living in your household full-time
  
• How you occupy your home
  
• If you conduct any business at your residence
  
• How much coverage you need
  

You may also provide the following details about the home being insured:

• Building details (total square footage, year built, number of stories, age of roof)
  
• Safety features (deadbolt locks, fire alarms, sprinkler systems, etc)
  
• Additional coverage or endorsements needed

How long does it usually take for my new homeowners insurance policy to kick in?

Once you have decided which home insurance policy is best for you, you will go through an underwriting process. When this is complete you will receive finalize home insurance rates. As with the steps before this the time frame can differ from home insurance company to home insurance company. It can take minutes, to hours, to days in some situations. 

If you are in need of home insurance to close on a home you may want to speak to the insurance company or your agent to see if there is any way to expedite this process. 

More than likely you will be asked to provide a loss payee before you make your first home insurance premium payment. You may also be able to choose an effective date for when your home insurance policy actually starts. Within this process you will choose details like deductible amount as well.

Now once the billing and policy dates are set in stone and the mortgage company approves your new home insurance policy your coverage should be ready to use. There is a good chance the home insurance company will require you to pay the first year in advance so you’ll want to be prepare to pay it upfront or work it into the escrow payment of the home.

Most home insurance companies will require a home inspection, please keep in mind some home inspections take place after the home insurance policy is active. The home inspector will look to validate the information you put down in your application. There is always the chance the homeowners insurance company will make adjustments to your policy if they find that information in your application was inaccurate. 

Hopefully this gives you a general idea of when your homeowners insurance policy will be effective. If you have additional questions and are in California, please give one of the wonderful agents at Eugene C Yates Insurance Agency a call. Not only are they experts when it comes to home insurance, they really nice people! Call today we would love to help you get better homeowners insurance! 916 313 6100