My husband and I are about to close on a home and would like to know some about homeowners insurance. We are planning on getting it through our car insurance company, but just want to know if anyone has any advice as to how we can estimate the value of our stuff, any thing important we need to know?
2007-09-19 05:56:22 · 4 answers · asked by crymeariver 5 in Business & Finance ➔ Insurance
If your agent is a good agent, they should be able to sit down with you and answer any questions you may have. remember the money you are paying is paying their salary, so ask all the questions you want.
2007-09-19 09:56:43 · answer #1 · answered by Jessica 5 · 0⤊ 1⤋
Talk to the insurance agent. Typically normal household goods coverage is a set amount or percentage of the overall policy. If you have out of the ordinary things like fine art, furs, expensive jewelry, you may need to add a rider to the policy to cover these items. You will probably need an appraisal of the items.
2007-09-19 06:08:47 · answer #2 · answered by bdancer222 7 · 1⤊ 0⤋
Homeowners insurance is basically something that allows you to pay on a monthly basis for insuring your home. Depending on where your home sits you will have to purchase different tyopes, such as flood ins. Your Title company will have differnent ins. companies avalible that they have worked with in the past. As well as State Farm is a solid homeowners.
2007-09-19 06:08:28 · answer #3 · answered by texastechbreck 1 · 0⤊ 0⤋
My thoughts, (IMO):
Have a high deductable-no need turning in something small since it will raise your rates
Have enough liability on it-never know when some wonder of human development trips on your property and sues you.
And always get replacement coverage.
2007-09-19 06:05:18 · answer #4 · answered by Average Joe 2 · 0⤊ 0⤋