Having insurance when building your home is preferable to protect your property before it is occupied. Moreover, talking to an insurance agent before you decide on your construction plans will help you understand if the location or details of your home will cause a problem. For example, you may discover that you are building in a flood zone, which may come with higher premiums. As a result, you can search for a different location before you’re stuck with higher insurance costs. This is also another way to save you money in the long run.