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How much do you pay for homeowner's insurance?

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Pages: 1 [2]

nixy
LIF Adult

Member since 9/06

1575 total posts

Name:
K

Re: How much do you pay for homeowner's insurance?

Posted by Smileyd17

Posted by Blu-ize

Posted by TheLorax

holy crappers - ours is $1700! We got quotes from a bunch of places and most were over $2K!

Our mortgage broker said Suffolk is higher for some reason. What a rip.



Mine is higher than most on the boards here and I wonder why. Most of the other quotes I got were over $2K too. I'm in Nassau and my house is brick and 80 years old! I can't figure it out.



Yours shouldnt be..you are in the town of Oyster bay and In nassau.

Yes, take all into consideration..not all offer the same.
A bank can also make you take more coverage than needed which also increases premium.





your deductable also affects this.

I know when we were looking one company wanted to cover the full purchase price of the house. but I shopped around b/c to build a brand new house would not cost as much as the purchase price of our home. You have to take the value of the actual land into consideration....

Posted 1/4/07 3:10 PM
 
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Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: How much do you pay for homeowner's insurance?

It's not based on the purchase price. It's based on what it would cost to rebuild.

I think it's a $1000 deductible.

Something isn't right.

Posted 1/4/07 3:30 PM
 

Smileyd17
kids

Member since 5/05

20997 total posts

Name:
Mommy

Re: How much do you pay for homeowner's insurance?

Posted by Blu-ize

It's not based on the purchase price. It's based on what it would cost to rebuild.

I think it's a $1000 deductible.

Something isn't right.



YUP!

FM me if u have questions.

Posted 1/4/07 3:34 PM
 
Pages: 1 [2]
 

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