Inspired by Tuffcookie's thread - How much do you pay for homeowners insurance

[Disney-Kim]

Ours just went from $600 per year to $1088 per year. . We have $250 deductibles and the difference to go to $100 deducts was about $150 less per year.

That premium is based on $88,000 dwelling coverage.

 

[DVC-Don]

$182,000 coverage on the building with a $1,000 deductible for $528 a year. That includes earthquake coverage.

 

[marlasmom]

You have to shop aound. When we moved to Florida 6 months ago State Farm quoted $1,150. I went to Farm Bureau which quoted $650, but the stupid agent didn't get the paperwork done for the closing. The lender found me Vanguard and I pay $389. $120,000 coverage with $500 deductible. They just kept saying lots of hurricanes in Florida.

 

[Big V]

We pay about $300 per year for full replacement coverage and a $250 deductable for a $125,000 home. No earthquake coverage here Don!

 

[Pin Wizard]

Originally posted by marlasmom
You have to shop aound. When we moved to Florida 6 months ago State Farm quoted $1,150. I went to Farm Bureau which quoted $650, but the stupid agent didn't get the paperwork done for the closing. The lender found me Vanguard and I pay $389. $120,000 coverage with $500 deductible. They just kept saying lots of hurricanes in Florida.

How did you get that???????????????????? I'm in the darned JUA and the rates are ridiculous since Hurricane Andrew!!

 

[Katie]

We live in Central Illinois where we have no hurricanes or earthquakes..just tornadoes.

We pay 782(last yr it was 590) for 260,000 dwelling coverage, 201,000 for contents, ect. We have a 250 deductable. Our insurance is thru State Farm Insurance! We have no extras for jewerly or electonic equipment.

 

[Disney-Kim]

wow......I can't believe how much ours is. We have State Farm too. I have shopped around too. the dwelling coverage is $88000 but our house just appraised for twice that.
but I think they use a factor in rebuilding costs.

I should point out that we did have a flood claim last year and the renewal says $240 of the increase was attributed to that.
but that still means our insurance went up over $220 since last year.
either way that sucks. Even USAA (our car insurance) couldn't do much better than $100 less and thats with a $500 deduct and no knowledge of the State Farm claim.

 

[Mskanga]

We paid last year $355 for a $101.000 replacement for the house, and we have $1.000 deductible.
We don't live on tornado or earthquake alley but we have a lot of problems with snow and ice on the roofs in the winter. We had our roof replaced three years ago because it was caving in , of course they tried to get off the hook paying for it but we didn't let them and they paid almost $10.000. Still with that our next policy didn't go up more than $30 for the year.

 

[Cindy B]

Ours is $500 something... maybe $505. Its I think for $150,00 (or more ). I do know the deductible is $500 and its through Met Life.

 

[jel0511]

We pay $750 a year. $300,000 replacement on houe, and $150,000 for contents. I also have $10,000 rider for Jewerly.