Congratulations on purchasing a new home! There’s nothing quite like the feeling of homeownership, especially after years of renting with beige walls, white blinds, and neutral kitchen cabinets. Resist the urge to go overboard in your first year with decorating and personalizing. Many industry experts recommend that you wait out that first year before doing anything beyond painting so you can “live with the space” and figure out what you really want. This approach can help you to save thousands of dollars and ensure that the choices you make are right for you. Like home insurance in MA, you want to make sure that your Fall River homeowners insurance policy is designed to protect you, your home, your future, and your lifestyle.
It all starts with choosing the best service for Massachusetts homeowners insurance. Paul Sullivan Insurance Agency offers a wide range of policy options and coverage for homeowners in the Southcoast area. We are an independent insurance agency, which means that we work with lots of different providers and have the unique ability to match our clients up with the right home insurance in Fall River based on their individual needs and requirements. We won’t sell you something you don’t need, and we will work with you to ensure that the coverage you get will provide you with protection for what might be the most significant financial investment of your life.
Rule #1 – Don’t Overspend
Take time to consider the upgrades, changes, and additions that you want to make to your new home before you do them and get price quotes from multiple contractors, suppliers, and vendors. After paying a substantial down payment, closing costs, and moving expenses, you will want to keep an eye on spending for a while. Working with your local agent for home insurance in MA can help you to keep your rates under control. Your Massachusetts homeowners insurance premium can be adjusted by making small changes to your deductible and by finding the best carrier based on your needs.
When you get a generic homeowners insurance policy from a large corporation that doesn’t take the time to get to know you and your personal needs, you likely are also not getting the best coverage. Many policies are designed specifically to satisfy the requirements of the lender to provide protection to the mortgage company while you are paying on your home loan. This type of coverage might not protect you when you need it most. Take time to sit down with one of our agents to discuss your Fall River homeowners insurance policy and make sure it is right for you.
Rule #2 – Stay on Top of Maintenance
As a renter, you likely never worried about maintenance for your home or apartment. If anything went wrong, you just called the landlord, and they had someone come out to fix it. Everything from a clogged toilet to a leak in the roof could be taken care of without you ever having to get out a tool kit or go to the hardware store for supplies. As a homeowner, you have a responsibility to yourself, the mortgage company, and the insurance company to make sure that you keep your home properly maintained. Don’t put off any repair work or issues that are related to the major systems of your home. It could ultimately lead to further damage, increase the cost to repair, and possibly void your protection if you are found negligent.
If you are not able to do the work yourself, either due to lack of knowledge and experience or time constraints, make sure to hire a licensed, insured, and certified contractor who has a solid reputation in the local area. You won’t save any money by trying to do the repairs yourself if you don’t know what you are doing. Plumbing, electrical, HVAC, and roofing are just some of the things that should always require a professional. Ask questions, get references, make sure the contractor has all of the necessary permits to complete the work, and report any upgrades or changes that you make to your Massachusetts homeowners insurance provider so they can update your files.
Rule #3 – Meet With Your Insurance Agent
Become familiar with your Fall River homeowners insurance company and make sure to schedule an appointment at least once each year to discuss any changes in your home, life, and lifestyle with your agent. Putting in a brand new kitchen, installing a pool in the backyard, adding a home security system, and even refinishing your garage should all be reported to your agent to ensure that everything is covered in your policy. Home insurance in MA works best when there is good communication between the agent and client. Changes to your family, such as a new baby, a child going off to college, a divorce, or even a new pet can all impact your Massachusetts homeowners insurance needs.
Contact Paul Sullivan Insurance Agency by calling 508-678-9611 and speak with one of our agents about your needs for home insurance in Fall River and the surrounding Southcoast area.