Home Insurance-Home Owners Insurance

Lexie asked:


I am not sure how much home insurance coverage I should have for the house I bought 2 years ago. The cost of the house including the land was $96,000. But that includes the price of the land, etc.

I now have to renew the home insurance policy and realized maybe I should reduce the amount of the coverage from $96,000 to around $80,000. The dwelling amount for the insurance has been the price I paid for, $96,000. But if something happens and the house needs to get rebuild, the cost of building should not be as high as $96,000. I currently owe mortgage $70,000.

Do you have any recommendation? I do not know if I can ask the insurance agent to reduce the dwelling coverage. But I am hoping a way to save money on the home insurance.
Could someone give me an advice?

Thank you.

Eugenie Bourgoin

Dan93 asked:


How can I negotiate a better price on my home owners Insurance?

They rasied my premium about $70, and I lost one months coverage because the agent listed the policy a month early, so now now the premium is now due earlier also. And I haven’t even paid the premium until a month later.

Anyways I keep getting the run around, they can lower it but they need $1000 deductible. I do not want the Auto tied into this, its under a different name. This raised the dwelling and personal property which is 70% of the value. I’m sure the real value went down this year.

Jolyn Kil

Disco Bollsax asked:


These crazies are coming out of the woodwork since I had a fire at my home. Who has the most to gain from my tragedy? I’m about to get mad-dog-mean at this point.

Tequila Stallcup

hndsmenmiami asked:


I have a mortgage payment that includes my taxes and insurance. Is economical for me? I spoke to a realtor friend who said that I should separate them to save more money. Is he right or should keep them together?

Dong Booras

Mrs.2Qz asked:


Thinking about buying, but need to count up all of the costs.
Guess I should add that it would be in the Virginia Beach, approx. 150k is the worth of the home.
Is flood insurance always necessary?

Errol Roat

AAF88 asked:


I was told that your insurance will drop you if you dont have a foundation, i.e, a basement on your home, how true is this statement?

Royal Biggs

Andrew C asked:


i am currently getting my license to be a home inspector in Arkansas and the state requires that home inspectors carry a general liability policy of $100,000. My own insurance company does not do these kind of policies.

Isaias Crankshaw

jptr8 asked:


The building is already insured but the basic fixtures in my apartment is not, like cabinets, etc. What will be the best insurance for me?

Clarinda Shuter

Justina Q. asked:


Going to buy a home and I’m tired of looking through the yellow pages. I just need a good list and anyone’s good suggestion based on any claims and such.

Maisie Jolivette

greg asked:


If I network my family,friends,coworkers and neighbors(say 500 total) can I get a good start at selling insurance…I mean do you think this is a good start of referral business,TO START THE BALL ROLLING…I REALLY WANT TO DO THIS AND HAVE NEVER SOLD INSURANCE BEFORE.

Candelaria Ariel