How To Choose the Right Homeowners’ Insurance for Your New Home Purchase

As many new homeowners discover, while owning your home is excellent in so many ways, there’s one major advantage that renters have: If you’re a renter, when something breaks, it’s not your problem or responsibility to fix. While buying your first home is an exciting life milestone, it comes with its share of responsibilities. Among them is the need to get the right homeowners’ insurance to protect your new investment.

Homeowners’ insurance provides financial protection against all kinds of unexpected events, like natural disasters, theft, or accidents. If you financed your new home purchase through a credit union or a bank, you may even be required to carry homeowners’ insurance as long as your mortgage is outstanding. However, not all policies are created equal, and…