house insurance

[richard96]

In my experience it is cheaper getting quotes online. Some of the bigger companies offer discounts when ordering online, because it is less work for them. But to be safe you could compare quotes online, pick the best offer and try a local agency to see if they can match it or do better.

I recommend this site for online comparing:
quotes-center.com/home-insurance-calculator

 

[Dan Murphy]

In my experience it is cheaper getting quotes online. Some of the bigger companies offer discounts when ordering online, because it is less work for them. But to be safe you could compare quotes online, pick the best offer and try a local agency to see if they can match it or do better.

I recommend this site for online comparing:
quotes-center.com/home-insurance-calculator

You trolling for fish, Richard? Each of your three posts, so far, 1 here, 2 on the budget one, all say the same thing......

In my experience it is cheaper getting quotes online. Some of the bigger companies offer discounts when ordering online, because it is less work for them. But to be safe you could compare quotes online, pick the best offer and try a local agency to see if they can match it or do better.

I recommend this site for online comparing:
quotes-center.com/home-insurance-calculator

Might that be your own website, Rich?? Is 96 the year you were born? In your experience???

And here....no originality??

http://www.donzi.net/forums/showthread.php?p=593233

http://www.advrider.com/forums/showthread.php?t=668096

http://www.e90post.com/forums/showthread.php?p=9155115

http://pirate4x4.com/forum/showthread.php?p=12581760

 

[mamacatnv]

Ours is about $350 a year for $168,000 for the house and $122,000 for contents. We have a $500 deductible but because we are not in a flood plain, tornado or hurricane area, etc. our rates are very low. We are insured through State Farm and have several policies through them.

I'm calling your agent you are paying way less than we are.

 

[tvguy]

I would say that your rate is REALLY high if you have a $5000 deductible. I am surprised your mortgage company let you get a deductible that high. For a little over $100,000 in coverage and a $5000 deductible that would be about $300/YEAR here. However, if your credit isn't very good, that can change things drastically.

I think regional differences are a big part of it. I think my RENTERS insurance back in 1982 was $300 a year!
I pay $85 a month with Allstate, with $1,000 deductable. Not sure why the mortgage company would care about the deductable, as long as your equity is more than the deductable.

 

[golfgal]

I think regional differences are a big part of it. I think my RENTERS insurance back in 1982 was $300 a year!
I pay $85 a month with Allstate, with $1,000 deductable. Not sure why the mortgage company would care about the deductable, as long as your equity is more than the deductable.

They care because $5000 is a lot to come up with for a lot of people and they don't want you NOT fixing something because of that. If you have hail damage to your roof, for example, and it is going to cost $8000 to fix and you have to come up with $5000 to fix it, most people won't get it fixed-which can cause MORE damage down the road.

 

[disney11fan]

home insurance cost depends on where you live. i pay around $500 a year for $150,000 and additional guest medical of $500,000 and abt $150,00 possesion. got a discount because i have home owners and car with the same company. more policies better discounts.

shop it around.

 

[luvmy3]

They care because $5000 is a lot to come up with for a lot of people and they don't want you NOT fixing something because of that. If you have hail damage to your roof, for example, and it is going to cost $8000 to fix and you have to come up with $5000 to fix it, most people won't get it fixed-which can cause MORE damage down the road.

I'm wondering if that deductible is a typo, maybe its supposed to be $500? After this thread I looked up my insurance, (glad I did since its going up this year to almost $1200 a year. I'm covered for $334,000 and $223,000 for possessions and my deductible is only $500. I can't imagine someone having a $5,000 dedctible for the reason you stated, that can be alot of money to have to come up with on the spot in case of emergency. What would those who can't do, go without much needed repairs?

 

[tvguy]

They care because $5000 is a lot to come up with for a lot of people and they don't want you NOT fixing something because of that. If you have hail damage to your roof, for example, and it is going to cost $8000 to fix and you have to come up with $5000 to fix it, most people won't get it fixed-which can cause MORE damage down the road.

If you have $5,000 equity in your home, you can get a loan to cover the deductable. And if you default on your mortgage and leave the home with that damage, the bank is going to subtract that $5,000 from your equity when they sell the home in foreclosure.
I have never seen a lender set any requirements on deductable, just on total coverage.

 

[si-am]

We pay about $450 per year with USAA. Our house is valued at $150k; we do not live in a high risk area for natural disasters.

 

[tvguy]

Got a piece of junk mail advertising "affordable" home insurance today.
All the prices they quote assume a $2,500 deductable, and assume you have a burglar alarm, and have liability coverage of $100,000.
It also has specific limits on some items, $1500 for jewelry, $250 cap on cash lost, and $2,000 on firearms.

That range quoted is:
$100,000 dwelling and $70,000 contents is $220 a year

$250,000 dwelling and $175,000 contents is $469 a year.

That's about half what I pay on the last entry, but I only have $1,000 deductable, plus I have $500,000 liability coverage. $100,000 liablity coverage seems low to me.