If you didn’t secure a homeowner’s policy during the inspection and due diligence period you should probably wrap that up now. At some point the lender will be asking for proof of insurance for the underwriter to check off their list of conditions. The underwriter will not approve your loan until they are sure that their investment will be covered by the appropriate amount of insurance.

One thing I highly recommend is shopping around for your insurance policy. As previously discussed, check with you car insurer for a bundled discount but you should also consider checking out some of the other insurers listed on the resources page or getting recommendations from your friends/family/co-workers. A couple of hours on the phone could potentially save you a large chunk of change. Who doesn’t want that, right?