Getting pre-approved is the first step in home buying, so congratulations! When purchasing a home, it’s definitely smart to determine what’s reasonable for you to afford versus using what the bank thinks you can afford. The easiest way to estimate the cost of your home insurance is by using an online calculator or shopping around.
Many websites offer calculators that can give you an estimate of your home insurance
cost based on where you may purchase a home. Typically these online calculators pull total home insurance premiums from insurers based on zip codes. If you’re looking for a general idea, this is a great way to see what your rate may be based on where you’re looking. Some calculators can give you an estimate of your total mortgage payment based on taxes, insurance, and home prices in your area as well.
If you’re looking for an estimate that’s a bit more accurate, you can shop around. By requesting personalized quotes from home insurers, you can get a better idea of what home insurance will cost versus an average based on zip code.
If you want cheap home insurance quotes fast, go to Jerry
. A licensed broker that offers end-to-end support, the Jerry app gathers affordable quotes, helps you switch plans, and even cancels your old policy. Even better, Jerry will help you bundle your home and auto policies for maximum savings.