What Impacts Your Insurance Rates When You Purchase in Atlanta?

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Today we have Alex Knapp with us from The Rhoads Group to discuss how insurance rates are determined when buying a new home. This is great information for those looking to sell their home. Alex will be discussing a few different things that can affect your insurance rates for buyers.

FICO Score: This is your insurance score, and this has the most impact on what your premium will be. This is not the same as your credit score, and your FICO score can be great while your credit score may be lackluster.

There are many other things that can affect your insurance rate, and one of them that nobody thinks about is the age of the roof on a home you currently live in or one that you plan on living in. Your claims history can also be a big factor in determining your insurance rate. If you have an extensive history of loss, you may be dealt a pretty high rate.

Be aware that Atlas Chalet shingles have been recalled and that this could significantly affect your FICO score if they were used to build your roof. Most insurance companies will not insure you if you're buying a home with these shingles. Chalet shingles impact both sellers and buyers- it is important to know your options, more importantly, to have proper representation to protect your wallet.

If you would like to contact Alex, he can be reached most easily at (678) 697-1908. We highly recommend Alex because he provides great customer service and he's dedicated to helping his clients.

As always, if you're looking to buy, sell, or invest in Atlanta real estate, please don't hesitate to give me a call at 678-428-5841.

Why Hire Homes By Lorie?

Lorie Gould can help you with every aspect of buying or selling your home because she is experienced, professional, and most importantly, she cares. Lori Gould understands today's real estate market and the impact it has on you. She invests countless hours into continuing her education to stay on top of the market. Her years of experience helps her guide her clients through successful transactions while preserving their bank accounts.

One of her greatest strengths is being both a pricing expert and a Certified Negotiation Expert so that both sellers and buyers keep more money in their wallet. Her goal is to build your wealth through real estate in this turbulent market. There is tremendous opportunity out there in this market for both sellers and buyers. The key is having the right person working for and with you so you can take advantage of those opportunities!

Lorie Gould
The Homes by Lorie Team
Keller Williams
1960 Satellite Blvd
Suite 1100
Duluth, GA 30097
Office:678-775-2600 Ext 12739
Phone:678-428-5841
lorie@homesbylorie.com

Lorie Gould Testimonials

Click to hear recent
testimonials from happy clients

Dan - "My expectations were definitely exceeded. She really did a great job of telling me upfront what to expect and how we needed to work through the process. She guided me through everything and we had a quick closure at the price I was looking for. She knew what I needed to accomplish and just stayed on top of everything."

Mary - "We had originally discussed one price and then after Lorie got to thinking about it, she strategically raised the price. It ended up being terrific and we went under contract in a week of it being on the market then we closed in less than a month. There’s nothing else I can say, Lorie was great!"

Keisha - "She got my home on the market fairly quickly and it sold within the first week of it being on the market. She was just incredibly helpful throughout the whole process and gave me a lot of tips on things I needed to do to prepare the house. She also gave me a lot of information to help me save money on a few things that I could do myself and gave me a list of services, like a cleaning company or a carpet cleaning company that would actually come in and help me. I didn’t have to do any research on my own to find those vendors and it was extremely helpful!"

Peggy - "Lorie did a really great job of pulling all the houses for sale and all the houses that sold so we could compare it to my house. After looking at those complete files, I knew that we had the right price. Sure enough we did, in a few weeks we already had some offers. Even after the purchaser ran into some issues, Lorie was able to pull it together and get the deal. She did a great job for me!"

Yoo Bin Jin - "I got a home and everything was smooth. I really didn’t have any problems. My work schedule is a little tough because I work 12 hour days so I have to look at houses on my days off and they were able to schedule times that fit in with my schedule. It was all very convenient for me"

Dustin - "They actually sold my home twice because we had a buyer walk out of closing. We were on the market for a total of 8 days and they priced it well, marketed it extremely well, and from top to bottom worked well as a team. Their whole office was phenomenal and always followed up with me and got a lot done for us."

Lori -"My house has sold and closed. I think she went above and beyond by sending the potential buyer to a lender instead of their usual bank. That way, the closing got set up early!"

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What Impacts Your Insurance Rates When You Purchase in Atlanta?

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