darkrosedreams asked:


We’re buying our first house & our mortgage guy estimated our costs for house insurance should be $400-500. We’ve gotten two estimates & they were $730 & $775. What could be driving up the costs that none of us expected?

The home was built in 1920, has wood siding, & is in city limits (near hydrants). The only other factors I can think that may raise the price are the fact that the fire station is on the other side of the rail road tracks, the fact the home is situated on a State Route/high traffic road, & close to a bar… Or is there somthing more?

By:

About the Author:

Everyone knows what insurance is, and how to get it. But what do you do with when you’ve got it? If you had to make a claim, would you know what to do? This 3 part guide covers what to do in the event of a claim, continuing with home insurance.

Home Insurance

Depending on the nature of the claim, there are certain things which you need to do. If you’re a victim of a robbery or vandalism, you need to first of all inform the police. Make lists of all stolen items and/or damaged property, as well as photographs or videos of the latter, with copies. When the police arrive, take their names and badge numbers for your insurer’s records. You will also need copies of your statement and any other police paperwork to give to your insurer, as well as copies for yourself.

If you or someone else is injured in your home, medical assistance should be sought as soon as possible. Keep all records of hospital visits, prescriptions and doctors notes, and provide copies for your insurer. Again, try to get relevant photographic evidence of injuries and the scene of the accident, and any objects which may have contributed to the injuries.

Another common reason for claiming on house insurance is renovations and/or decorating disasters. If you have hired professionals to carry out work in your home and they cause damages, they should have insurance which you can claim from. If you cause the damages yourself, you will need to claim on your own insurance, but this can be difficult. Before undertaking any work more complicated than painting or wallpapering, check your policy. You may need to inform your insurer of your intention to carry out work, otherwise a claim could be rendered invalid.

If repairs are needed for something like a leaky pipe or water damage, call your insurer before a repair company. Your insurance provider should be able to give you a list of recommended repairers which are available on 24 hour call-out.

In the case of a natural disaster such as a flood or hurricane, you will need to notify the insurer and possibly your local council if your property is damaged. The authorities may provide a safe house or other assistance if your home is severely damaged. If the natural disaster was anticipated through weather warning etc, there may be a contingency plan in place already to help victims.

In some cases, you may be able to afford repairs without claiming on your insurance. Do this if possible as a number of small claims will end cheap home insurance premiums. It’s worth getting both buildings and contents insurance if you’re a DIY fan!



By: J Tillotson

About the Author:

daphine asked:


I need to find an insurance company to cover my 1989 mobile home trailor.It is located on my own property.

liipl 2 asked:


Is there a site online where i can see a full list of companies that offers house insurance? I mean companies offering house insurance throughout USA and Canada?

Invisible asked:


Saw the movie ‘Transformers’ and this is what occurred to me during a particular scene, thought it might be fun for the insurance folks to debate (apologies if you find it too spammy). Maybe the answer is to try and sue the car’s leader, Optimus Prime, but I don’t know what insurance court can hold accountable a sentient robot from outer space.

Aren’t you glad you’re not my agent? . . . lol.
Here’s the response scorecard so far:

Home Auto Neither
Why!? x
Buddy x
ivory 2004 x x
StephenWeinsteinx x
mbrcatz17 x x

Very interesting indeed! But wouldn’t my car becoming sentient be equivalent to someone borrowing or stealing my car, so possibly their policys should be charged?
Dang! The formatting of the table above didn’t carry over! Here it is again, with H=Homeowners, A= Automotive, N=Neither:

Why!?: A
Buddy: N
ivory 2004: H A
StephenWeinstein: H A
mbrcatz17: H or N

cscarpero asked:

houseinsurance-quotes.com If you want to save money on homeowner insurance, be sure to check out these money saving tips before you get your next rate quote.

luv_my_chevy_heavyD asked:


If a neighbors tree falls on our house, who is responsible for repairs – us, or the neighbor? The cause of the tree falling would be from high winds.

Does the insurance company matter? We have USAA.
We are surrounded by those tall, skinny pine trees that eastern NC is notorious for. I have a few on our property, but they’re away from the house. Most of them are on the neighbors property, and some ARE rotted/dying. Would verbal contact with him be sufficient? Or would you suggest that I write him a letter?? This may sound silly, but every time the wind blows hard, those trees sway and lose dead branches. The soil is very sandy, and the trees are not rooted deep. Not to mention, this particular row of trees is on a slope.

cherry asked:


Have AAA home insurance . National vendors are coming up with the replacements for all the items. Have lost almost all that i had in my home but the insurance plan says either a replacement of the item or the depreciated price. What should i take ? Please share your experiences.

Soni asked:


I was denied homeowners insurance because there is a sinkhole within one half mile of my home. What can I do?