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dn413
LIF Infant
Member since 1/12 91 total posts
Name:
debbie
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homeowners insurance?
Hi everyone! I am a new member and just wanted to ask what you all pay for homeowners insurance. I have gotten some quotes ranging from 1500-1900 and wanted to know if that was a fair price. The house we are in contract to buy is about 2300 sq ft. Help :)
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Posted 1/23/12 7:46 PM  |
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wanttobeamom
LIF Adult
Member since 5/09 2448 total posts
Name:
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Re: homeowners insurance?
It really depends where the house is located and the specifics of the house.
We got a great quote of $978 but we aren't near water, have a non aggressive dog, pretty close to FD, no raised deck, unfinished basement, and a newer roof and 1713 sf.
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| Posted 1/23/12 8:46 PM |
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Suzie4
LIF Infant
Member since 1/12 168 total posts
Name:
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Re: homeowners insurance?
it really depends on the home-location-etc but I would shop around before you commit. Different companies do have very different rates.
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| Posted 1/23/12 9:34 PM |
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dn413
LIF Infant
Member since 1/12 91 total posts
Name:
debbie
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Re: homeowners insurance?
Thanks for the advice! We are not close to water, no dog, new roof, and have a fire hydrant very close. I called state farm and geico. State farm was a bit less than geico. They also tell me that if I switch my car insurance to them they
will drop the price by a %. I guess I need to call a few more!! So stressful buying a house :)
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| Posted 1/23/12 10:19 PM |
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CindySN23
Stop, Think & Breathe...
Member since 8/11 3550 total posts
Name:
Cindy
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Re: homeowners insurance?
I would find a broker...we used royal brokerage...a vendor on here and he got us a great rate for homeowners & car insurance
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| Posted 1/24/12 7:33 AM |
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LotsaLuv
Us
Member since 6/10 4094 total posts
Name:
F
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Re: homeowners insurance?
You have to get quotes. It's not just the factors of the house, but your credit comes into play too. The better your credit the lower your rate. Also if the prior owner put in a claim, you will pay for it.
Call a broker, it's the best way to shop your rate.
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| Posted 1/24/12 8:06 AM |
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leesah85
LIF Infant
Member since 12/11 136 total posts
Name:
Lisa
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Re: homeowners insurance?
Posted by Suzie4
it really depends on the home-location-etc but I would shop around before you commit. Different companies do have very different rates.
ITA
i got the best price from Liberty Mutual because my law school has a discount program with them for alumni
definitely find out if your schools or jobs have programs with these companies
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| Posted 1/26/12 3:22 PM |
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dn413
LIF Infant
Member since 1/12 91 total posts
Name:
debbie
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Re: homeowners insurance?
thanks for all the great tips. I tried liberty mutual the other day and they are no longer writing policies for long island..
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| Posted 1/26/12 8:06 PM |
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wanttobeamom
LIF Adult
Member since 5/09 2448 total posts
Name:
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Re: homeowners insurance?
Posted by dn413
thanks for all the great tips. I tried liberty mutual the other day and they are no longer writing policies for long island..
Yes, they just told me the same thing. I called two brokers and 7 companies. Got the best quote from State Farm. Where is the house? The lady I dealt with in the Merrick office is beyond sweet and knowledgeable.
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| Posted 1/26/12 8:52 PM |
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dn413
LIF Infant
Member since 1/12 91 total posts
Name:
debbie
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Re: homeowners insurance?
The house is in Smithtown. I called statefarm as well and yes they are very nice. We are just waiting now for the appraisal of the home that was done a few days ago. Most places said they needed that to give me a quote.
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| Posted 1/27/12 8:42 AM |
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chilltocam
LIF Adult
Member since 11/11 9141 total posts
Name:
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Re: homeowners insurance?
We just got 3 quotes and SF was the lowest (our soon to be home is in Commack and is 2100 sq ft). They used our appraisal to come up with the quote. The range of prices we got were between $1400 and $2100
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| Posted 1/27/12 3:16 PM |
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