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Homeowner's insurance advice needed pls

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February 02, 2018, 10:00 AM
jhe888
Homeowner's insurance advice needed pls
I would get some competitive quotes.



The fish is mute, expressionless. The fish doesn't think because the fish knows everything.
February 02, 2018, 02:02 PM
Haveme1or2
Hummm, I didn't do anything like what's been said. Change of name on policy that's it.

I went with geico on home and auto. State farm is crazy high ....
February 02, 2018, 06:42 PM
9mmnut
You are going yo get shafted no matter what you do.
February 02, 2018, 07:52 PM
side_shot
add your dog if you have one


"They that can give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety."
--Benjamin Franklin, 1759--


Special Edition - Reverse TT 229ST.Sig Logo'd CTC Grips., Bedair guide rod

February 02, 2018, 08:29 PM
Beanhead
Good advices so far. Here are a couple more.

Don't skimp on medical payment. Get the max. This covers for guests and is a lawsuit preventer. Cost difference is a lunch at a fast food place.

Try to find a guarantee replacement without a cap coverage. Several companies will say they have it but push comes to shove, they are just extended coverage.

And don't skimp on liability. Get enough to cover 2 1/2 times your income or your net worth.

Don't get the % deductible. 1% on a $250,000 is actually $2500. And the part they don't tell you....is that it goes up each year as your house coverage goes up with inflation cost.
February 02, 2018, 09:46 PM
old rugged cross
quote:
Originally posted by Beanhead:
Good advices so far. Here are a couple more.

Don't skimp on medical payment. Get the max. This covers for guests and is a lawsuit preventer. Cost difference is a lunch at a fast food place.

Try to find a guarantee replacement without a cap coverage. Several companies will say they have it but push comes to shove, they are just extended coverage.

And don't skimp on liability. Get enough to cover 2 1/2 times your income or your net worth.

Don't get the % deductible. 1% on a $250,000 is actually $2500. And the part they don't tell you....is that it goes up each year as your house coverage goes up with inflation cost.


Are you in the insurance business? Lol.



"Practice like you want to play in the game"
February 02, 2018, 10:43 PM
bossman
ask about water & sewer backup endorsement if available
February 02, 2018, 11:34 PM
jimmy123x
quote:
Originally posted by V-Tail:
I am not 100% positive, but I bet that your State Farm agent is "captive" to that company.

Do yourself a big favor: sit down with an independent agent who can shop the market for you, get some comparative quotes from different companies, and point out the good and bad aspects of the various insurance companies. I used to shop the market on my own, but I discovered that the independent agent I use does a much better job, as I used to spend a few hours once a year, but this is all she does, all day, every day, and she really knows what she's doing.

quote:
Originally posted by jimmy123x:
You're going to have to get a current 4 point inspection and a wind mitigation inspection if you're in a hurricane area, both cost $300 total.
REALLY? Three hundred bucks? Dude, you're using the wrong inspector. I just wrote a check, this week, for $85.00 for the same service.


That's the going rate for both inspections here in South Florida. Cost of living is higher and I'm guessing the value of the properties as well. They're 2 different inspections.
February 03, 2018, 12:31 AM
Georgeair
quote:
Originally posted by old rugged cross:
George, I said, "when house is paid in full."
Geeez.

Noth'in wrong with a good trailer, though mine is stick built as you can see Wink

dubya, where's my dawg's?


Well, you can say "until the house is paid in full" until Bobbie's cat has pigs, but that still won't explain why anybody would leave their house nekkid jus cauz they dun pade tha notE!


You only have integrity once. - imprezaguy02
February 03, 2018, 07:22 AM
9mmnut
Its a rip off. You should be able to insure your home for whatever you want as long as its not over insured. If I insure my home for 1k and its worth 2k then have a total loss I should collect 1K.
Industry is controlled by insurance companies not by our law makers.
February 03, 2018, 08:23 AM
ryan81986
quote:
Originally posted by 9mmnut:
Its a rip off. You should be able to insure your home for whatever you want as long as its not over insured. If I insure my home for 1k and its worth 2k then have a total loss I should collect 1K.
Industry is controlled by insurance companies not by our law makers.


You will only collect $1k.

The problem lies in if you have a $500 loss then you will only collect $250.