Lesson 9 · Home Closing Insurance · For buyers
Can a buyer include home closing insurance with their offer?
The short answer
Yes. It's called an insured offer: the buyer adds a SecureMyOffer home closing insurance policy to their offer, at their own cost, to show they'll close. The seller is still the insured party, so the coverage protects the seller, and the offer is stronger for it. Policies start at $349, all-in.
Key facts
- What it is
- An offer that includes a SecureMyOffer policy
- Who pays
- The buyer, at their own cost
- Who is insured
- The seller
- Why do it
- It makes the offer stronger and shows you're serious about closing
- Price
- From $349, all-in, increasing with the coverage you choose
Transcript
Read the full transcript
Can a buyer include home closing insurance with their offer?
Yes, they can.
It's called an insured offer.
The buyer adds a SecureMyOffer policy to their offer, at their own cost, to show they'll close.
The seller is still the insured party, so the coverage protects the seller.
And that makes the offer stronger.
It tells the seller you're serious about closing.
Policies start at $349, all-in, and increase with the level of coverage you choose.
Ask your agent about adding it before you submit your offer.
Get a free quote in minutes, at securemyoffer.com/quote.
Summary only. Coverage, eligibility and conditions are governed by the policy and surety documents. Questions about coverage? Talk to a licensed broker at 1-833-766-2329.
