Purchasing a home, whether it be in Pasadena, San Marino, or Altadena, can be an exciting event that can also come with new responsibilities and questions, especially for first-time buyers. The release of this new Handbook will allow buyers to discover information that will help them make sense of the issues that will affect their financial goals.
“The Homebuyers Insurance Handbook clearly explains how purchasing a homeowners insurance policy with the right type and amount of coverage protects a homeowner’s investment and financial future,” stated Kenny Parcell, President of NAR. “This eight-page Handbook includes the essential information a prospective homebuyer needs to prepare for a conversation with their insurance professional.”
The Homebuyers Insurance Handbook has been jointly launched by the Insurance Information Institute (Triple-I) and the National Association of REALTORS (NAR), aiming to provide valuable insights to current and aspiring homeowners in Pasadena. This comprehensive guide is designed to address critical inquiries, such as:
- Understanding the scope of coverage within a standard home insurance policy and identifying fundamental categories of protection.
- Determining the optimal level of insurance required for individual circumstances and considering pertinent factors during the assessment process.
- Gaining clarity on the essential questions to pose when engaging with an insurance professional, ensuring a well-informed decision-making process.