Pricing

Starting at $199

How far out is your closing date?

Coverage options for buyers 

30-44 Days From Closing

Coverage options for buyers 

45+ Days From Closing

*Cost is based on the days until escrow closing.

FINE PRINT

Eligibility

  • Coverage is available for buyers only. While others may purchase the policy on the buyer’s behalf, the buyer is the only acceptable Named Insured.
  • Coverage must be bound within five (5) days of the “Date of Residential Real Estate Purchase Contract”.
  • “Close of Escrow Date” must be at least thirty (30) days from the date of the purchase contract.
  • The intent is to afford coverage for traditional residential sales transactions. Foreclosures/REO, short sale, new construction, commercial property and land transactions are ineligible.

Frequently Asked Questions

Am I eligible?

Our intent is to provide insurance coverage for the vast majority of buyers engaging in residential real estate transactions.  Here are the eligibility criteria:

  1. You must be a buyer in the transaction (or be purchasing on behalf of the buyer if you are a real estate agent/broker).
  2. You must purchase this policy within 5 days of executing the real estate purchase contract.
  3. Your close of escrow date is 30 days or more from the date of purchase of this insurance.
  4. Your transaction does not fall into one of these categories:

       Foreclosures/REO
       Short sale
       New construction
       Vacant land
       Commercial property

If you meet this criteria, go to our ‘Start Here’ button and you’re on your way!

How do I pick which plan is best for me?

Both the Standard and Premier plans will reimburse you for the same types of expenses – hotel/lodging, moving/storage, restaurants/meals, and pet boarding.  So you simply need to decide what your typical out of pocket costs might be if your closing was delayed and you had already committed to moving from your current residence... then pick the option that most closely aligns with those costs.

What if I purchase a policy, but never end up in a delay? Do I get a refund?

No. As with most types of insurance we hope you never have to collect, since that generally means something went wrong!  We hope you experience a stress free and on-time real estate transaction.  As the risk takers, our insurance carrier partner expects to receive and retain the premium.

With that said, we understand that sometimes residential real estate deals fall apart entirely.  If that occurs you can notify us and request a cancellation with a return premium.  Please review your policy for cancellation provisions.

What states are available for Insure My Closing?

AL, AK, CT, DE, D.C., IN, KS, ME, MD, MA, MI, MN, MS, NY, NC, ND, OH, OK, OR, PA, RI, SD, TX, UT, VT, VA, WA, WV, WY

When will all 50 states be available?

We are expecting to be countrywide in early 2020.

Is this available for condos or commercial properties?

Single family homes, townhomes, and condominiums are eligible.  Commercial properties are not.

What does it mean “Coverage is available for buyers only"?

Consider these scenarios:

  1. You are a homeowner and have contractually agreed to vacate your current residence so a new owner can move in.  You picked that date to coincide with the closing date on your new home.  Then your new home closing gets delayed....or,
  2. You rent or lease your current residence and have notified your landlord of the date which you intend to vacate.  Then your new home closing gets delayed...

In both of these cases, an InsureMyClosing policy will reimburse hotel/lodging, moving/storage, restaurants/meals, and pet boarding up to policy limits.

Now, put yourself in the seller’s shoes....however unfortunate a delayed closing might be for the seller, there is no imperative for that party to the contract to vacate as long as he/she owns the property.   Our intent is to provide ‘sleep at night’ insurance for the buyer.