Today’s topic is an important one if you own a home in Ann Arbor: homeowners insurance. Chris Monaghan of Monaghan Insurance brings his years of experience here to dive into this crucial aspect of homeownership.

A home is typically the most valuable asset a person owns at any given time. Because you have a lot of money invested in your property, it’s important to work with a local lender who you can trust. You want your lender to be available to you whenever you have a question, and you want to work with an agent who will let you know what kind of coverage is available to you.

There are two types of agents to be aware of when it comes to insurance. A captive real estate agent typically is beholden to only one primary insurance agency. Independent agents that aren’t captive have access to multiple insurance agencies. While shopping your rates around with several companies can be beneficial, we recommend working with a captive agent. A captive agent has developed a strong and a trustful relationship with the lending partner, and you as a client will have a closer relationship with them as well!

Choosing a great agent is very important when it comes to homeowners insurance. To learn more about how you can find the right agent for you, or if you need any real estate assistance at all, give us a call. We would love to hear from you!