PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
How do you get home insurance before closing?
I’m closing on my house soon and my mortgage lender said I need home insurance. I’m not really sure how I go about getting it. How can you get home insurance before closing?
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congrats on the new home! Thankfully, most lenders require home insurance, so getting home insurance before closing is pretty simple.
To start, you’ll want to know the replacement cost, the appraisal value, and the purchase cost of your home. Additionally, you’ll want to find out if your lender requires you to purchase a specific amount of insurance and if they require any specific coverages.
For example, if your home has a replacement cost of $200,000, you’d need to purchase at least $160,000 of insurance coverage. However, most insurance experts recommend purchasing more than that, as anything above your coverage limit is an out-of-pocket expense.
Once you know what coverage you need, you should begin requesting quotes from multiple companies. Every company has different coverages and rates, so shopping around ensures you’re getting the best rate.
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 helps to cancel your old policy. Even better—Jerry will help you bundle your home and auto policies for maximum savings.After finalizing a policy, all you’ll need to do is submit your policy’s declaration page or proof of insurance to your lender and you’re all set!
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance for Your Car
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
