If you’re buying a home on Long Island—whether it’s a historic colonial in Setauket, a waterfront property in Old Field, or a starter home in Smithtown—securing the right homeowners insurance is a critical part of the process. Long Island’s unique mix of coastal exposure, older housing stock, and varying municipal requirements means you’ll want to be strategic when you begin shopping for coverage.

Here’s a step-by-step guide to help you get started with confidence.

1. Understand What Homeowners Insurance Covers

Before you dive into quotes, it helps to understand the basics of what a standard homeowners insurance policy includes:

• Dwelling coverage – protects the physical structure of the home

• Other structures – detached garages, sheds, fences

• Personal property – belongings inside the home

• Liability protection – covers injury or property damage to others

• Loss of use – pays for temporary housing if the home becomes uninhabitable

On Long Island, homes—especially waterfront or near-shore properties—may require additional coverage for risks not included in standard plans.

2. Factor in Long Island–Specific Risks

This is where geography matters. Insurance needs for a home in Huntington may differ from those for a bluff-front residence in Strong’s Neck.

Consider:

Flood Insurance

Standard homeowners policies do not cover flood damage. If your property is in a FEMA flood zone—or even near one—you may need a separate flood insurance policy through the National Flood Insurance Program (NFIP) or a private carrier.

Windstorm & Hurricane Coverage

Many insurers on Long Island apply hurricane deductibles, especially for homes close to the shoreline. Use this factor early when comparing quotes—two identical policies can differ substantially based on this deductible alone.

Older Homes & Historic Properties

Long Island’s North Shore has many older and architecturally unique homes. For these, ask about:

• Ordinance or Law coverage

• Replacement cost vs. actual cash value

• Extended dwelling coverage

These ensure you can rebuild to current codes if damage occurs.

3. Gather the Information Insurers Will Ask For

To get accurate quotes, prepare these details:

• Property address

• Year built and major updates (roof, electric, plumbing, heating)

• Square footage

• Foundation type

• Proximity to water

• Claims history (if available)

• Protective systems (alarms, sump pumps, generators)

Pro tip: If you’re working with a real estate agent (like me), I can usually help gather this information from listing sheets, COs, or seller disclosures.

4. Compare Quotes from Multiple Carriers

Do not settle for the first quote. Prices and coverage levels vary widely among:

• National carriers (State Farm, Allstate, Travelers)

• Regional carriers familiar with coastal markets

• Independent brokers who shop multiple companies for you

When reviewing quotes, compare:

• Coverage limits

• Deductibles (especially hurricane deductibles)

• Exclusions

• Endorsements included or offered

• Total premium

Remember: the lowest price isn’t always the best value.

5. Ask About Bundling and Discounts

Most insurers offer significant savings when you bundle home and auto insurance. Additional discounts may exist for:

• Central alarms

• Smart home systems

• Recent roof replacements

• Updated electrical service

• No prior claims

On Long Island, wind mitigation upgrades can sometimes reduce premiums as well.

6. Review Policy Details with a Professional

For more complex properties—waterfront homes, multi-acre parcels, homes with accessory structures, or unique architectural builds—it's wise to review your policy with:

• A seasoned insurance broker

• Your real estate attorney

• Your real estate agent

A quick conversation can help ensure your home is fully protected and compliant with lender requirements.

7. Lock In Coverage Before Closing

If you're purchasing a home, your lender will require:

• Proof of homeowners insurance

• Paid-in-full receipt for the first year’s premium

Start shopping early—ideally right after your offer is accepted—so insurance doesn’t create any delays in the mortgage process.

Final Thoughts

Shopping for homeowners insurance on Long Island doesn’t have to be overwhelming. Start early, understand the unique coastal and regional risks, and get multiple quotes. With the right preparation—and the right team—you can secure coverage that protects your investment and gives you peace of mind.

If you ever need help understanding what type of coverage a specific property might require—especially waterfront or complex estates—I'm always happy to guide you through it.