{"id":258,"date":"2017-01-30T03:00:00","date_gmt":"2017-01-30T15:00:00","guid":{"rendered":"http:\/\/www.crosscreekinsurance.com\/blog\/?p=258"},"modified":"2017-01-30T11:02:18","modified_gmt":"2017-01-30T17:02:18","slug":"homeowners-insurance-for-first-time-buyers","status":"publish","type":"post","link":"https:\/\/www.crosscreekinsurance.com\/blog\/homeowners-insurance-for-first-time-buyers\/","title":{"rendered":"Homeowners Insurance For First Time Buyers"},"content":{"rendered":"<p>If you&#8217;re&nbsp;buying a home for the first time,&nbsp;and you&#8217;re planning on getting a mortgage, your lender will require you to bring proof of homeowners insurance to your closing.&nbsp; For purposes of protecting your lender&#8217;s interests in the property, you&#8217;ll need to include your lender&#8217;s name in the mortgagee&#8217;s clause. &nbsp;It&#8217;s unlikely that you&#8217;ll be able to close on the home without your lender being protected.&nbsp; You might even need to include six months of coverage for the next year as part of your closing costs.&nbsp;&nbsp;At Cross Creek Insurance in Hope Hills NC, we&#8217;ll help you meet your homeowners insurance requirements.&nbsp; At a minimum, you&#8217;ll want to insure:<\/p>\n<ul>\n<li>Your dwelling and any other structures on the property<\/li>\n<li>Your personal property inside of the home<\/li>\n<li>Your liability for any injuries or property damage on the land<\/li>\n<li>Medical payments coverage is somebody is injured on your property<\/li>\n<\/ul>\n<p>On top standard coverage for your home, you might want additional coverage.&nbsp; Think about flood coverage if you live in an area where flooding occurs.&nbsp; You might even want special endorsements for certain personal property like artwork, jewelry, furs or electronics.&nbsp; A standard policy will only pay for loss or damage to those items on a limited basis.&nbsp;<\/p>\n<p>You&#8217;ll also need to make a decision on whether you want your home and personal property insured for actual cash value or replacement cost.&nbsp; Replacement cost is a bit more expensive, but as opposed to actual cash value, it doesn&#8217;t contemplate depreciation.&nbsp; Replacement cost is the better choice for homeowners.<\/p>\n<p>You&#8217;ll want to speak with one of our agents at Cross Creek&nbsp;Insurance in Hope Hills, NC in order to customize the best options for you.&nbsp; Just give us a call or stop in for a cup of coffee.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re&nbsp;buying a home for the first time,&nbsp;and you&#8217;re planning on getting a mortgage, your lender will require you to bring proof of homeowners insurance to your closing.&nbsp; For purposes of protecting your lender&#8217;s interests in the property, you&#8217;ll need to include your lender&#8217;s name in the mortgagee&#8217;s clause. &nbsp;It&#8217;s unlikely that you&#8217;ll be able [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[145,146],"class_list":["post-258","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-cross-creek-insurance","tag-hope-hills-nc"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.crosscreekinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.crosscreekinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.crosscreekinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.crosscreekinsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.crosscreekinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=258"}],"version-history":[{"count":1,"href":"https:\/\/www.crosscreekinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/258\/revisions"}],"predecessor-version":[{"id":259,"href":"https:\/\/www.crosscreekinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/258\/revisions\/259"}],"wp:attachment":[{"href":"https:\/\/www.crosscreekinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.crosscreekinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.crosscreekinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}