When you refinance your home, it's a perfect opportunity to reassess your homeowners insurance. By exploring your options, you can ensure you have the right coverage at the best price.
Refinancing means replacing your old mortgage with a new one, which may come with changes like a different loan amount based on your home's current value. Your new lender might also require different coverage than before, leading to potential adjustments in your insurance needs.
It's crucial to have adequate coverage that includes not just your home but also its contents. Make sure to inquire about the replacement cost your new lender used to determine your mortgage amount. Shopping around for a new policy during refinancing can help you find the right coverage that fits your budget.
If you decide to switch your old policy, inform your new lender about your updated homeowners insurance details. At Covered, we're here to assist you. Get insurance quotes quickly and easily to secure the coverage you need at the best price. We're committed to helping you protect what matters most, ensuring peace of mind for you and your home.
It really is that simple. We’re Covered. And so are you.