Guide to Insurance

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Find Your New Home

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One of the main tenets of the American Dream is the purchasing your own home. Everyone in this country is conditioned, from birth, to wish for and work towards buying a home. We feel that it is our right to be a homeowner and from the moment we get our first job we start working for that goal. One of the proudest moments of our lives can be the day we move into our first new home. The feelings of accomplishment at that time can be so very gratifying and most of us feel that our work is complete. However, in all honesty our job has really just begun. Buying your first home is great, but you can't rest on your laurels at this point. Now the real job begins; we have to do everything within our power and abilities to keep this new home. The first step at this point is to insure the home from any possible danger; this means we must fine and purchase home insurance for the largest of financial investment of our lives.



Like auto insurance for your new car purchase; home insurance is something that must be purchased once you take possession of your new house. Home insurance companies are very numerous and these companies will seriously work with the new homeowner to insure the new home at the best possible price and with the best possible coverage. Since buying a house is definitely the largest investment that the vast majority of us will ever may, we really must get the best coverage available. We surely do not want to buy a new home and then lose it because we did not get home insurance for it.

The potential threats to your home are many and wide ranging and every possible threat must be covered. You don't want to buy a new home and not have it insured for flooding when it is located in a flood plain. If you life in an area where major storms, like tornados or hurricane, are common and not have your home covered for wind damage you could find yourself paying for a home you no longer live in. These are common sense things and we must be aware of the possibilities or we will pay dearly in the event of a major climatic or atmospheric occurrence.

In these economically challenging times, it is very critical that we make wise choices and do not set ourselves up for failure when purchasing our new home. There are many things involved in the purchasing a new home and none more important than selecting and buying the best possible home insurance. We cannot overlook the significance and importance of finding the best insurance coverage for our home. There are many companies that would love to sell you an insurance policy for your home, but since this choice if so important we really must be thorough and know exactly what we need when shopping for homeowners insurance. The only decision, concerning your home, you will make that is more important that selecting the best insurance coverage for your home is actually purchasing that home itself, so be wise in you choice.
Find Your New Home
Builders are these days notorious for the poor quality of workmanship on new build properties. This problem has mainly been caused by the use of subcontractors and poor quality site management.

Any new home purchaser who fails to carry out an in-depth snag of the property prior to completion is laying themselves open to problems post completion.

The site manager or his No2 will attend a Snagging Meeting at the property, complete with notebook and pencil. If they turn up without some method of recording points of the meeting it is usually an indication of how seriously they take the process. Many builders will say they can commit the items to memory but if there is several hundred this will be impossible. On a three or four bedroomed house several hundred snag items is not uncommon.

You should come complete with a note book and pen and a plan or snagging guide of things you wish to inspect, you will also need a pair of binoculars to look at the roof, a tape measure, a marble or spirit level to check work top levelling, a torch to look into nooks and crannies, and a tool to lift the edge of carpeting etc.

The snagging process will involve a detailed inspection of the outside of the property including all the fencing and boundaries.

As you go around the property do not be hurried by the builder who will inevitably be wanting to get the process over as quick as possible. To hurry you along they will sometimes say they have another meeting and need to move things along. Ignore these comments and take as long as you need to carry out a full and detailed inspection. Make sure that you write down all the snags you find regardless of how small they seem to be. You can always delete them later.

Make sure you follow a precise plan of action when you get inside. Do not be rushed by the builder, he wants you to miss the lurking problems. A good idea is to carry out a snag on your current home to get the feel of finding faults and writing them down. Practice first, it will make the real thing a lot easier.

Take each room as a project in its own right and work around the room in a clockwise rotation looking up to the ceiling and down to the floor. Do not be afraid to get on you hands and knees or to use a stepladder to inspect items.

When you find a snag item stop and write it down on your list, never just commit it to memory you will be sure to forget it.

When you have finished the snagging, move into the kitchen where you can use the worktop to finalise your notes.

If you have carried out a Snagging Meeting with an average builder on a three or four bed roomed house you are quite likely to have a list of two to three hundred items that need attention, this is quite normal. Do not be put off by the builder who will huff and puff at your list.

Take note that the builder is not your friend, they will be charging you top money for building a house but will in the main build to the lowest standard they can get away with. You only have to do a search on the Internet for house building problems to read many horror stories of the unwary that did not snag their new property properly PRIOR to completion.

After the meeting take your snag list home and create a complete numbered list of each item area by area. Then produce enough copies for all of the trades. We suggest 12 copies.

Deliver the snag list preferably by hand to the actual builder or Site Manager. Actually place it in his hands so he cannot deny not receiving it.

The Site Manager usually allocated the Snagging list to various "Trades" for remedial work to be carried out. By producing enough copies you are making his job easier and he is more likely to take you seriously.

If you do not get the snags corrected prior to completion and the builder getting paid, you will find it increasingly difficult to get the builders attention. Once they have their money after completion, almost impossible.

In summary make sure you have a snagging plan and some practice of writing notes while standing. Remember the builder is not your friend. They will be doing the minimum they can get away with.
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Both R1 Nickels1 & John Mills are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

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