On the list of major purchases, it doesn’t get much bigger than buying a new house. While there’s a certain charm to getting a place that’s been lived in, there’s also something special about being a home’s initial tenants.

There are a number of differences between an existing home and a new home. Most of them are pretty obvious, like custom features that allow owners to hide unsightly cords for electronic hookups, for instance, or more modern plumbing and heating. It’s these same features that also play a role in how homeowners insurance rates are established for new homeowners.

Homeowners insurance for newer homes vs older homes

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