Tips from an expert before buying a home

Are you in the market to buy a new home? Recent data from The National Association of Realtors shows existing home sales hit its highest level in nearly a decade. That’s great news for the economy, but many homeowners may not have a complete picture of what’s really involved in purchasing and moving into a home.

A new national survey from Allstate Insurance shows less than half (47%) of respondents who say they updated their insurance policy after making improvements to their new home. From changing their locks to buying a security system or updating a bedroom or bathroom, homeowners may be overconfident in their property insurance policies and missing out on ways to better protect themselves and save money.

Shannon Bowes, Vice President of Homeowners Insurance, Allstate, shares:

• Tips on what homeowners should consider before buying and making the move
• When is the right time to add/update to your home insurance policy: Including specific improvements many Americans surveyed say they make after buying a home.
• How to save money and better protect your new home

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