You should arrange home insurance for your new home and its contents in the event of fire or other damage. This is available from any qualified insurance company and the cost depends on the home purchased. It can run $300 to $700 generally speaking.

You may wish to call several insurance companies before you purchase a house in order to get a few quotes. The potential insurer needs to know, amongst other things, square footage, electrical amps and whether there is a woodstove or fireplace in the home you are buying.

Once you have purchased a home, you will need to fax your insurance company a copy of the MLS listing information.

You need to make arrangements at least 3 weeks prior to closing to have the home insured and let your lawyer know which company you have chosen. Have your insurer fax a commitment letter to the lawyer's office.

If you need a referral to a good insurance firm call us through our office at 519-471-8888.