Insurance Tips for New Homeowners in West Virginia

Overview

Congratulations on your new West Virginia home! Homeowners insurance is required by most mortgage lenders and is essential for protecting your investment. Here's what new WV homeowners need to know.

What Home Insurance Covers

Standard homeowners insurance (HO-3) covers your dwelling, other structures, personal property, liability, and additional living expenses. It protects against fire, wind, hail, theft, vandalism, and many other perils.

What Home Insurance Doesn't Cover

Standard policies typically exclude flooding, earthquakes, and normal wear and tear. West Virginia homeowners in flood-prone areas should consider separate flood insurance through the NFIP.

How Much Home Insurance Do You Need?

Your home insurance should cover the full replacement cost of your home — not the market value or purchase price. Replacement cost is what it would cost to rebuild your home from scratch with current materials and labor costs.

Bundle and Save

New homeowners who also own a vehicle can save 15–25% by bundling auto and home insurance with the same carrier. AG Insurance compares bundled rates from multiple carriers to maximize your savings.

Tips for Lowering Home Insurance Costs

Install smoke detectors, security systems, and deadbolt locks for potential discounts. Maintain your home to prevent claims. Consider a higher deductible to lower your premium.