Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Homeowners Insurance Costs and other Home Insurance topics.
Before purchasing a homeowner's insurance policy, or even purchasing a home, it is a good idea to have a licensed inspector take a look at the house. This is an expense that is well worth it, because you can get an idea of what needs to be fixed, upgraded or replaced to lower the cost of homeowner‘s insurance.
Make sure that the inspector you choose is bonded/insured. That way, neither your nor your future insurance company will have to pay for any damages or issues relating to something the inspector may have missed. If he or she is not insured, the money will come out of your pocket and your insurance provider's.
You can find bonded inspectors through Yellow Pages or the Insurance Information Institute's Web site.
And don't forget to ask the inspector to bring a copy of his or her insurance documentation for your own records when you speak on the phone.