Did you know that many insurance companies offer discounts rates when you’re purchasing a new home?
It actually makes sense if you think about it: new homes are built to the latest safety codes, and older homes may have more exposure to certain losses due to wear and tear.
Several other things that can affect your insurance rate, besides the obvious coverage value and home size, include:
- distance from emergency services - when you're close to fire stations and fire hydrants, you'll get a premium break as compared to buying a home in the country that's many miles from emergency services. Edgewood is within 5 minutes of two fire departments.
- swimming pool - owning your own swimming pool will increase your premiums because it presents an additional risk. At Edgewood, you'll have the luxury of your own pool without the risk and high premiums that go along with pool ownership.
- security features - being protected by an alarm system can reduce your premiums. Edgewood has outside security cameras in the neighborhood, and each home is wired with security and fire/smoke detection systems.
The systems are monitored over Edgewood's underground fiber-optice internet and aren't subject to lightning strike, protecting you even further.
At Edgewood, the Homeowner's insurance is part of the Edgewood Townhome Homeowners Association Master Policy. It is extremely reasonable and is based on the square footage of your home. We also can recommend local providers for an HO6 policy, which covers additions and contents.
Find out more about Edgewood's luxury townhome community and answers to frequently asked questions.