When To Get Homeowners Insurance When Buying A Home? 
You will need to show proof that you have Homeowners Insurance on the home you are purchasing at the very least , at the time of closing . Here in CT , however , most banks and mortgage companies are requiring that the proof be provided to them several days before . What you will need to provide is a copy of the policy declaration sheet showing your name as it will appear on the deed and closing documents andall the necessary coverage on the dwelling which usually needs to also stipulate that you are covered for `` Replacement Value '' . The mortgagee clause , which is very specific to each lender also needs to appear on the declaration . If they have assigned a loan number , that should be included as well . Finally , here in CT , whether you are going to be paying your insurance directly or if it will be paid by an escrow account , your lender will also be requiring a paid receipt for the first year 's premium . Talk to your insurance professional early in the process , usually after your offer has been approved , so that you are sure that everything will be handled in a timely and professional manner for you . 