Is Home Insurance Paid In Advance? 
Generally speaking , yes it is . If you are buying a home and your lender is setting up anescrow account set up for you , then you will be requred to pay the full first year 's premium before closing . But even if you are paying your premiums directly to your insurance provider , the premium you pay is for coverage that will be provided for a certain term . If for example you pay monthlyon the first of the month , that premium will be for coverage provided until the first of the following month and so on . 