sherry c asked:


A friend was telling me that if you are buying a home and have homeowners insurance and you have maintenance problems (roof needs repairing or replacing, water heater goes out, etc) that the insurance will pay for this. He also said that if you needed smaller repairs (plumbing, etc) that would be the homeowners responsibility. I thought anything that went wrong with the home , if you were buying, would be your responsibility.

thank you,
sherry

Brooke1293 asked:


I’m trying to determine how much house I can afford to buy–but I need to know how much homeowners insurance and taxes are. Is there an easy way to estimate this?

Vera R asked:


yes i live in tennessee and the city has banned pitbulls in our state,and we have to take out $100,000 worth of homeowners insurance just to keep him.can you please help me with this situation? thank you v.r

Agnostic asked:


Whats a good estimate for how much my homeowners insurance would be if I’m a first time buyer, my home is around 300,000. and I have good credit, plus the home is in a brand new developement. I just want an estimate. Thanks.

COMPUTER DOCTOR asked:


i have homeowners insurance of coverage up to $75,000 for a co-op. does this cover my damages and/or people living below me if my fish tank burst accidently?

marylebone asked:


I live in the 2nd floor of condominium and my water heater leaked all over the unit below me. I don’t have homeowner’s insurance when it happened but I purchased one yesterday. Do you think it’s okay to make a claim? Help! I’m running out of time.

ghmag asked:


I’m planning to purchase a townhome and the assessments does include common insurance. I’ve been told it doesn’t protect any misc assets I have in my home in case a disaster occurs. I want to factor this into my monthly expense estimates. I’m looking for a purchase price at $200,000. How much should estimate for homeowners insurance? Is it a monthly and annual payment?

Thanks

strongpizza asked:


A couple of weeks ago, we had some pretty bad storms and our basketball hoop was knocked over and fell on top of my boyfriends car, putting a couple dents and scratches in the side door of my car. Will my homeowners insurance cover the costs to fix his car?

onebigfool asked:


If I buy supplemental homeowners insurance will it cover my $1000 deductible I have to pay now? Say I have $3000 worth of damage. My current insurance only pays $2000 because I owe the $1000 per claim. But if I had another homeownwers policy couldn’t I file a claim with them too?

rougepalace asked:


I have read somewhere recently where you can write off your homeowners insurance premium.