Insurance Tips Every First-Time Homebuyer Should Know

By Connie Mayer Garrett  Updated: September 5^th, 2025 

Buying your first home can be exciting—but it comes with a lot of responsibilities and moving parts. One of the most important (and often confusing) is homeownership insurance. Whether you're just starting the home search journey, or just settling in, understanding your insurance options can save you money, stress, and future headaches. 

In this guide, I will help to simplify some of the basics of home insurance, how to choose the right coverage, and how a local expert, here in Gainesville Georgia, like Jessica Campa can help you make sound decisions.  

Why Insurance Matters  

Your home will likely be your biggest investment. Insurance helps protect it from the unexpected: fire, theft, storms, or accidents. It’s not just a requirement from your mortgage lender—it’s a safety net! 

Types of Insurance You Should Know About 

Here are the main types of insurance that first-time buyers should consider: 

1. Homeowners Insurance 

   This is your core policy. It usually covers: 

   • Damage to your home’s structure 

   • Loss or damage of personal belongings 

   • Liability if someone gets hurt on your property 

2. Flood Insurance 

   The standard homeowners' insurance does not cover flood damage. If your home is in a flood-prone area, flood insurance is a smart add-on. 

3. Earthquake Insurance 

   Not common in Georgia, but if you’re buying in a region with seismic activity, this coverage is worth considering. Consider discussing with your insurance agent. 

4. Title Insurance 

   This protects you from legal issues with your property’s ownership, ike unpaid taxes or disputes over who owns the land. 

5. Liability Insurance 

   Covers you if someone is injured on your property or if you accidentally damage someone else’s property. 

How Much Coverage Do You Really Need? 

To figure this out:  

• Know Your Home’s Value: Look at both the market value and the cost to rebuild. 

• Take Inventory: Make a list of your belongings, like your furniture, electronics, jewelry, etc. 

• Think About Risks: Is your area prone to flooding, storms, or other natural disasters? 

• Reach out to a Pro: An insurance agent can help you assess your needs and avoid overpaying. 

Tips for Finding the Right Policy 

• Shop Around: Compare quotes from different providers. 

• Read the Fine Print: Know what’s covered—and what’s not. 

• Ask About Discounts: You might save by bundling policies or installing a security system. 

• Review Annually: Your needs change—your policy should too. 

Common Mistakes First-Time Buyers Make 

Avoid these pitfalls: 

• Underinsuring Your Home: Make sure your policy covers rebuilding costs. 

• Ignoring Exclusions: Don’t assume what is covered—ask “what is covered?” 

• Not Updating Coverage: Renovations or big purchases can affect your insurance needs. 

• Skipping the Comparison: The first quote isn’t always the best one. 

Insurance Agents: Helpful Partnership 

If you're working with an insurance agent, they can help you: 

• Understand what insurance you’ll need 

• Connect with trusted local agents, like Jessica! (see below) 

• Navigate claims if something goes wrong 

Homeowner reviewing insurance documents for better coverage

In the end, the right insurance strategy can make all the difference. Whether you are a homeowner or a realtor, taking the time to understand and implement these strategies will lead to a more secure future.

Need Help Choosing the Right Insurance? Meet Jessica Campa – Your Local Insurance Partner  

If you're buying a home in the Gainesville, GA area, you're in luck. Jessica Campa is a bilingual licensed insurance producer with over 20 years of experience in Auto, Home, and Commercial coverage. She’s known for her personalized service and deep commitment to the community.  

Whether you’re exploring your insurance options or looking to bundle your home and auto policies, she is a fantastic resource for first-time buyers.   

I’ve had the honor of working with her a couple of times, she was wonderful—quick to respond, highly professional, and genuinely helpful. Her dedication to making sure clients feel informed, comfortable, and supported truly stands out. My clients really loved her kind, helpful manner.  

Jessica Campa Licensed Insurance Agent  

• Goldenroosterinsurance.com  

• jessica@elgalloins.com  

Jessica is passionate about personalized service and helping you protect what matters most.