What Questions Do You Have About Homeowner's Insurance?

 There are many great New Haven County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (203) 269-4910 x 12 for a FREE home buying or selling consultation to answer any of your real estate questions.

 Hey everyone, thanks for joining us today. I am happy to be joined by Frank Apuzzo, with Ferguson and McGuire Insurance, who is here to answer some questions we have received lately. A lot of first-time home buyers are out there looking for a home in our market, so we wanted to give you all some good information on where to start when it comes to getting your homeowner's insurance policy. 

What are some of the questions a first-time home buyer should be asking an insurance professional?

First off, you should find a local agent or broker in your area that has access to multiple insurance carriers so you can make sure you're being covered by a reputable company. You also want to make sure the company will be able to pay if you have a claim. The company should be an "A-rated" insurance company. 

What should you be looking to get covered on a good homeowner's insurance policy?

A lot of first-time home buyers call and tell us their agent told them they just need hazard insurance, which covers the structure of the home and the mortgage in the event of a loss. To make sure you have the right policy, you'll also want to notify the insurance company of any upgrades to the home. They will also want to make sure your wiring is safe and new and your heating and ventilation is up-to-date.

What are some hurdles that first-time buyers experience?
One of the biggest questions first-time buyers have about their policy is, "Why do I have to pay for my Homeowner's insurance in full?" Well, the insurance companies don't care who is paying it or how, they just want it paid in full. When you pay it all at once, the leftover money will be held in escrow. In essence, you are paying for your policy in advance. 

What are some advantages of hiring a local insurance agent?

One of the best advantages is that you can have someone that goes out and inspects the home in person before you list. This way, there are no surprises when it comes to getting coverage. 


If you have any questions for us at all, feel free to give us a call or send us an email. If you have any questions for Frank, give him a call at (203) 537-7194. We look forward to speaking with you soon!

Why Should Home Sellers in Connecticut Be Happy?

There are many great New Haven County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (203) 269-4910 x 12 for a FREE home buying or selling consultation to answer any of your real estate questions.

The busy season is here and the home selling season is off to a hot start. A lot of our buyers have been experiencing multiple offer situations, and they're having to compete with a lot of other buyers out there. 

Right now, we are in the midst of a seller's market, and in the next few months, you're going to see a lot of new inventory start to come on the market. 

The most popular type of home in Connecticut right now is the 4-bedroom, 2.5-bathroom upgrade homes. These are flying off the shelves, and if you're looking to sell one, you'll be able to get top dollar.

A market action index of 29.7 tells us we are in a strong seller's market, but need more inventory to keep us going. 

If you have been thinking at all about selling in Connecticut, you're about to miss your market. May and June are the prime home selling months in Wallingford, so it's essential to make your decision soon!

If you have any questions for us or would like an honest, realistic estimate of what your home can sell for in this market, don't hesitate to reach out to us!