A basic quote usually takes 24 to 48 hours to obtain and costs nothing, but an older home with knob-and-tube wiring, an aging roof or a history of water damage can come back with a higher premium or a request for repairs before coverage is approved.
This matters most on your financing condition timeline. If you wait until after your financing condition is satisfied to shop insurance, you can find out too late that coverage is expensive or conditional, with no easy way back out of the deal.
A quick insurance quote early in the process protects you from a surprise that shows up right when you have the least room to react. Get your hand-reviewed valuation from Joel Dyck.