17/08/2017 0 Comments
Moving? Do Not Forget to Review Your Home or Tenant Insurance in Nova Scotia
Moving has its fair share of challenges, or as many people would say, far too many challenges! From packing your belongings to selling your home to arranging a moving company; you have a lot to do. Whether you are moving into your own new home or a rental, you must add one more to-do to your list: insurance.
Depending on the location, type of residence and any new belongings you may have, your insurance needs will certainly change. So, do not forget to examine your home or tenant insurance in Halifax before you settle into your new residence.
Changes You May Need to Make in Your Home Insurance
No matter what, you will need an updated or new home insurance policy. That is because the premium you pay on tenant insurance and Nova Scotia home insurance is based on the property and its location. Your insurance agent will need to know information such as:
- Property Details - The age, construction, roof type, square footage and any finishes in the home.
- Home or Condo - If you purchased a condo and are moving from a home, your insurance needs will change and vice-versa.
- Address - Your home’s address will affect your premiums. If you live in an area prone to disasters, your insurance premium and type of coverage may go up.
- Lender Requirements - If you purchased a new home, the type of loan and lender you work with will also determine what changes you must make to your Halifax home insurance. Your lender may require specific coverage levels, which you are obligated to meet as part of your financing agreement.
Speak with an insurance agent at Eisenhauer Insurance today about your insurance changes or for tenant or home insurance quotes in Nova Scotia. Call us at 902-454-5888 to get started.
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