quotes on homeowners insurance?
Tuesday, September 15th, 2009 at
7:01 pm
michael mmmm asked:
simple coverage [what the bank requires
simple coverage [what the bank requires
Tagged with: Homeowners Insurance • Insurance Coverage • Quotes
Filed under: Homeowners Insurance
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Yes, well, it’s based on your credit score, loss information for your personal loss history along with the location loss history, the cost to rebuild the house, the age of the house, the exact address of the house, if you will be living there or not, the liability limits, your pet situation, if you have a trampoline, the deductible amount, etc.
You’ll have to contact a couple local agents to get quotes.
You can also get quotes online, although you’ll usually have to speak with someone to finalize any insurance policy. Doing the “footwork” online will often save you time and energy. Also, it’s easier to get more quotes and compare prices more effectively.
If you follow this link to the site that I write for, it will take you to a page of insurers and insurance quote sites.
Its best to meet with a local agent to discuss what replacement cost would be. Here is a list of local agents:
usually to break it down simple.If youre house is worth 100,000. Subtract the land value of it.which would be 80,000. Then divide 80,000 by 1.2 which would give you approximately about 67000 of coverage.The insurance company usually covers 25 to 50 % more just ask the company who you are going through.They do not insure the land the way they figure it is the way it will cost to rebuild from the land up.So if youre house got burned you would not collect 100,000.Since they will not pay for the land.They will repair or replace.
Here’s some good companies to compare