Waterfront living is a dream for many people. If you’re lucky, you may be able to retire at the beach or buy a vacation home near the ocean. For many people in our area, lakefront living is another option. We’re blessed to have many lakes near York County, including Lake Wylie, Lake Wateree, and Lake Murray. But there are lots of things to consider before you buy a lake house.
Lakefront homes may have more septic system issues than inland homes. They may also have higher property taxes, even if your lake house is smaller than your existing home. Plus, if your home is part of a homeowners’ association, there may be added fees, rules, and restrictions on your property.
Last but not least, you need to consider the type and amounts of insurance you’ll need to have on your lake house. Mortgage lenders may have certain minimum coverage that they require you to have. Start by talking to them to find out exactly what’s needed, then give your insurance agent a call.
At Gill Insurance and Gill-Holler Insurance, we have decades of experience serving the people of York County and the surrounding areas. As a Trusted Choice independent insurance agency, we can get the best price on the best coverage for your lakefront home. Plus, our local focus means we’ve helped many homeowners protect their lakefront property for years. Trust your investment to people who care. Call our Rock Hill or Fort Mill offices today to get a free home insurance quote.
Next time, we’ll discuss whether you need flood insurance for your lake house.