Archive for May, 2014

Saving Money on Home Insurance

Friday, May 30th, 2014

It took a few years, but my wife and I have saved up enough money to buy our first house. I really hate renting, because it is not an investment. It is just a drain on your income. When you buy a house, you are investing in something that is actually worth money. As such, I think that it is a much more sensible way to go, if you have the option. I want to learn about home insurance savings that are to be had in the area where I live. I am not sure how much home insurance typically costs in this part of the country, but I have been told that it tends to vary by region.

I hope that this area will be one of the lower rates, as far as home insurance goes, but I really have no way of controlling that. I am interested in purchasing home insurance as soon as I can. As, it does not feel very good to have purchased a house, but to not have any insurance on it. I am pretty sure that I don’t have any choice about it, in any case, because I think that my home loan requires us to purchase insurance on the house.

I am pretty sure that is the case, but I would have to look at the paperwork again, to be sure. Or, I could just call the company that gave us the loan, and check with them. But it may be the type of thing, where I should have already had home insurance. I am not sure, but we just closed on the house a few days ago, so I don’t think it could be that big of a deal yet. Money is going to be tight for awhile, so I hope the insurance does not cost a lot.

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