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Homeowner's Insurance

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It would be nice if someone could guarantee that disaster will never strike your new house, but that kind of guarantee doesn't exist. Insurance offers the next-best thing when it comes to peace of mind. Homeowner's insurance protects your investment in your home, so if your home is damaged or destroyed, you're covered. Your lender will require that you buy a homeowner's insurance policy, and you'll need to show evidence of the policy at the closing.

Homeowner's insurance has two main components:

  • Hazard insurance, which covers physical damage to your property, such as from fire or wind. It also covers your possessions if, for example, they're stolen or damaged in a fire.
  • Liability insurance, which protects you if someone is injured on your property by anything from slipping on icy steps to being injured by a pet or family member.
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Mortgages on Zillow

  • Compare homes

    Shopping for a home is a lot like dating. It can be fun, and you might fall in love.

  • Shopping on the Internet

    Looking at homes online is a great way to acquaint yourself with what's on the market.

  • Working with a mortgage broker

    If you choose a mortgage broker, you work directly with her and she works with the lender.

  • Do the paperwork

    Read on to learn about the paperwork involved in a typical loan application.