How do I set up home insurance before moving in?
Don't move in without this: exactly how to set up home insurance before you step through the door.
Why you must set up home insurance before moving in
You can’t guess on protection. Lenders usually require proof of insurance at closing. Accidents on move-in day happen. Theft, water damage from plumbing installed during move, or a visitor injury can create big bills. Set coverage to start no later than your closing or move-in date.
Quick 7-step setup plan (do this now)
- Get quotes from 3 insurers. Compare coverage, deductibles, liability limits, and exclusions.
- Choose a start date. Set it for your closing date or the day you get keys. Confirm the exact hour if you can.
- Ask for a binder or proof of insurance. This single-page document satisfies lenders and movers.
- Add contents (personal property) coverage. Estimate replacement cost, not current value.
- Add liability coverage. Minimum 100k recommended; 300k+ is smart if you host or have many visitors.
- Schedule endorsements for valuables. Jewelry, art, or electronics often need riders or higher limits.
- Bundle and discount. Combine auto and home, install alarms, and document upgrades to lower premiums.
What to tell your insurer right away
- Exact move-in/closing date and address
- Mortgage lender name (they may need a copy)
- Estimated value of personal property
- Any renovations planned during the first 6 months
- Pets and home business details
Say it once clearly. Insurers will set the policy effective date and issue a binder or declarations page.
Proof of insurance for closing and movers
- Binder or declarations page — acceptable at closing
- Certificate of insurance — often required by a moving company
- Keep digital and printed copies handy on closing day
Coverage to check and common traps
- Dwelling coverage limit: should cover full rebuild cost, not just market value.
- Water backup and sewer: often excluded — add if the property is older.
- Flood insurance: separate policy is required in flood zones.
- Renovation coverage gap: if you’re renovating immediately, confirm coverage during construction.
Fast tips to lower risk and cost
- Take photos and inventory before you move.
- Install smoke alarms and deadbolts before move-in.
- Ask your agent about umbrella liability for extra protection.
- Pay annual premium upfront for a small discount.
Closing & moving — final checklist
- Policy active on closing/move-in date
- Binder/declarations sent to lender and mover
- Contents inventory saved and backed up
- Endorsements for valuables added
Need help setting this up? I handle local closings and insurance coordination every week. Email me at tony@sousasells.ca or call 416-477-2620. Visit https://www.sousasells.ca for local support.
Make this simple: pick an agent, set the start date, get proof. Move in with confidence.
