For first-time homebuyers, homeowners' insurance is an often-overlooked but essential aspect of purchasing a new property. This protection safeguards your financial investment and is usually required by mortgage lenders. To help you make informed decisions when choosing the right homeowners' insurance policy, this guide will outline the importance of such coverage, the various elements of standard policies, additional coverage options, factors that may affect your premiums, and tips to find the ideal protection for your new home. The Importance of…