Lower mortgage rates are giving buyers some relief but rising insurance costs are catching many off guard, with climate risks and inflation making coverage harder to find and more expensive. 

To keep closings on track, it’s smart to address insurance early in the sales process. Builders who work with Westwood Insurance Agency are doing just that, bringing clarity and confidence to buyers from day one. 

Understanding what buyers need to know about insurance can make all the difference. Westwood helps break down the top questions they’re asking. 

Common Buyer Questions—and How to Answer Them 

1. Is insurance required to close? 

Yes. Most lenders require homeowners insurance before closing and may specify coverage levels. The premium is typically paid by the lender and included in the buyer’s monthly mortgage payment. 

2. When should I start looking for insurance? 

The earlier, the better. Builders who collaborate with Westwood can offer quotes immediately after contract signing. Communities are pre-underwritten, allowing for accurate estimates of homeowners insurance premiums, giving buyers peace of mind and reducing last-minute delays. 

3. What does homeowners insurance cover? 

A licensed Westwood agent can help buyers tailor coverage to their home’s value and lifestyle. Generally, homeowners insurance protects buyers from financial loss arising from: 

– Property damage (fire, wind, hail, lightning) 

– Theft or damage to personal belongings 

– Temporary housing if the home becomes unlivable 

– Liability and medical expenses for guest injuries 

4. Can I bundle home and auto insurance? 

Westwood can help find bundled options (auto, umbrella, flood, earthquake) through its relationship with more than 50 insurance company partners. Bundling often saves money. 

5. What if coverage changes in the future? 

Westwood supports buyers beyond closing. Over time buyers’ needs might change, or carriers may change their premium rates or coverage. Westwood’s broad network of insurance company partners enables it to find alternative solutions that ensure buyers’ future needs are met.   

Insurance Built for Builders 

Founded by a home builder over 70 years ago, Westwood Insurance Agency helps builders seamlessly integrate insurance into the homebuying process. Its embedded, tech-driven approach helps close over 100,000 homes annually, offering: 

– Fast, customized quotes 

– Competitive pricing 

– Access to more than 50 insurance carriers 

Bottom line: Insurance doesn’t have to be a closing-day surprise. With Westwood, it becomes a selling advantage. 

About the Author: Kimberlee Furcht   

Kimberlee Furcht is Vice President Executive Account Manager at Westwood Insurance Agency. Kimberlee is responsible for creating new client accounts and maintain existing client relationships.  She has been in the Insurance industry since 1993 (and with Westwood since 2007) with a background in Customer Service, Sales and Account Management.