Life stages · Middle Tennessee
Just Bought a Home? Insurance to Review Now
Congratulations on the new place. A home changes more than your address. It adds a mortgage, a bigger liability picture, and new things to protect. Here’s what to look at in the first few months.
- Veteran-owned (USMC)
- Independent agent: compares multiple carriers
- Free, no-obligation quotes
What changes
- You now own the structure, so you’re responsible for the roof, plumbing, and everything in between.
- Your lender has a stake in the home and will expect continuous coverage.
- Guests, contractors, and neighbors’ kids may be on your property, which raises liability questions.
- Your family may now depend on your income to keep up with the mortgage.
Coverages to review
- Homeowners insurance Check the dwelling limit against rebuild cost, the roof valuation, and your wind or hail deductible. Learn more about homeowners insurance.
- Flood insurance Usually separate from home insurance. New NFIP policies generally have a 30-day waiting period (FloodSmart). Learn more about flood insurance.
- Car insurance Update your garaging address and ask about bundling home and auto. Learn more about car insurance.
- Umbrella insurance Extra liability protection as your net worth grows. Learn more about umbrella insurance.
- Mortgage protection or term life Helps your family keep the house if you die. Learn more about mortgage protection or term life.
Your checklist
- Save your declarations page and claims number.
- Record a home inventory video.
- Update your address on every policy.
- Ask about water backup and service line coverage.
- Review life insurance against your new mortgage balance.
- Set a reminder to review coverage at renewal.
Other life stages
Life rarely changes one thing at a time. See all life stages, or look up a term in our insurance glossary.
Frequently asked questions
Does my homeowners policy start at closing?
Most buyers set the policy to start on the closing date so the home is covered the moment it becomes theirs. Your lender will confirm what it needs.
Do I need life insurance now that I have a mortgage?
Many homeowners consider it so their family could keep the home. Term life and mortgage protection are common options, subject to underwriting.
Will bundling home and auto save money?
Many carriers offer multi-policy discounts, but it depends on the carrier and your situation. It’s worth comparing.
Let’s update your coverage together
Eric can review your current policies, explain what changes at this stage, and help you shop options from more than one carrier. Call or text 615-808-1105.
Coverage descriptions are general information only; your policy documents determine actual coverage. Availability varies by carrier.
Eric Henry, licensed insurance producer, NPN 3953606 · Affiliated with Hutsenpiller Insurance. Coverage subject to policy terms and carrier approval.