Why Getting Homeowner’s Insurance Quotes During Inspection Contingency Period is Important in Florida

As a home buyer, you never want any surprises, especially when it comes to the estimated annual insurance premiums and whether the property is in a flood zone. With insurance rates increasing due to Hurricane Ian, it’s crucial to verify these details before closing on a home purchase in Florida.

In Florida, almost all mortgages require homeowners insurance, which will be escrowed as part of your monthly mortgage payment. You don’t want to find out later that the insurance rates are too high and that you can no longer afford the home. This is why No Nonsense Real Estate always ensures that our buyers get multiple insurance quotes during the inspection contingency period.

Getting insurance quotes during this period allows you to negotiate with the seller, and if the quotes come back too high, you can cancel the contract and get your money back, as long as you are still within your inspection contingency period.

At No Nonsense Real Estate, we understand the importance of this process and assist every one of our clients in getting the necessary insurance quotes. As a result, our clients are always fully aware of their insurance costs and can make informed decisions about their home purchase.

In conclusion, getting insurance quotes during the inspection contingency period is crucial for home buyers in Florida. It’s always better to be informed and avoid any surprises later. No Nonsense Real Estate ensures that our clients are fully educated and prepared before closing on their home purchase.

For homeowners insurance quotes in the state of florida you can check out Wilcox Family Insurance at: https://www.wilcoxfamilyinsurance.com

For more information on our No Nonsense Real Estate approaches to home buying you can go to:  https://nononsensere.com/no-nonsense-real-estate-buyers-guide/

For more real estate insight in a No Nonsense approach check out the below articles:  

Top 5 Reasons to Ditch the Fluff and Choose No Nonsense Real Estate for Your South Florida Home Purchase

5 Reasons Why No Nonsense Real Estate Says Bring On the Rising Interest Rates and Inflation

Top 5 Reasons to buy Real Estate in Fort Myers Florida

To get more info on No Nonsense Real Estate go to: https://nononsensere.com/about-us/

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