How soon during the home closing process should I purchase insurance?

I've never purchased a property before, so I don't know when insurance is supposed to come into play. When should I buy a policy?

Answer
Most insurance companies will allow you to purchase homeowners insurance as early as 30 to 45 days before you close on the home, and as late as one day before closing. It’s a good idea to shop for homeowners quotes early in the home purchasing process so you have a plan in place. Once you get closer to your closing date, your lender will ask you to provide proof of insurance, which is when you’ll want to contact your agent to bind coverage.
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Alexah Grinnell
Answered on Mar 05, 2021
Alexah Grinnell has been working in the insurance industry for 5 years with a primary focus of coverage consulting in the sales department. She has been working for Jerry Insurance since July of 2019 and has also has experience working for AAA and State Farm. She currently lives in Rochester, NY with her husband and 3 kids
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