home insurance companies

Home insurance?

I am buying a home. How do I find a home insurance company? Will my mortgage company help me with that?

Who is your car insurance with? Most reputible insurance agencies handle all kinds of insurance: property, casualty, auto, life, etc. Try Allstate, Statefarm, Farm Bureau, Cotton State. You could also look at your local insurance companies in your phone book … get some quotes, and go with the one that is the cheapest.

Looking at changing auto/home insurance companies?

I've had Allstate for more than 5 years for home and auto. The rates have continually gone up. I just contacted Liberty Mutual. They can save me over $500 per year with the same or better coverage. Any opinions, thoughts or advice?

I think the pricing is important, but having an agent you trust and is readily available is JUST as important. So, would I change for $500, to Liberty Mutual? IF I liked the agent, AND there wasn't a coverage reduction, yes.

I wouldn't give up coverage or loss free discounts for it, though.

My personal preference is an Independent Agent, though, not a captive – you're going from one captive to another. You don't get much selection with a captive agent. So I'd get a THIRD quote from an independent – see if Travelers can beat both of 'em.

I took home insurance with an insurance broker who then deals with various insurance companies.?

Is this a good idea? I had only one claim in more than 10 years and I am having trouble. Should I change and get my insurance directly from the company of my choice?

I would when you have a problem and you use a broker its really hard to talk to someone..they tend to pass you back and forth

Home Insurance Companies?

There is a home in Arlington, MA and I am looking at different local insurance companies. What is your general feedback or knowledge regarding these companies: Merrimack, Commerce, Metlife, and Citation (although I think Citation is part of Commerce). Were they easy to deal with, etc. If you feel that none of these companies are good, which ones do you recommend?

Merrimack is great. Met, well, there are problems with Met. Commerce, I know one of the owners, so am biased. I have no idea about Citation.

I also like Hanover, in MA, for Homeowners, and Amica is great, too.

Of course, all of these companies are going to want the home to be updated, AND, owner occupied. That's the main condition for homeowners policies.

Can a home insurance company increase the amount of insurance on your house without your request?

Of course when the amount of insurance in increased, the insurance premium also increases. I have only $125,000 left on the mortgage and insurance company has increased the insurance to cover a value of $305,000. Real estate value of the home is $450,000. My credit rating is excellent and I have not had any insurance claims

Yes. Part of the policy condition is that you insure the home to either 80%, 90%, or 100% of the replacement value, on a standard HO3 Homeowners form. So, if you want the type of policy that is NOT a replacement policy, you'll have to get a whole different kind of policy.

Of course, a FLAT RATE policy costs about ten times as much as a standard policy.

Real estate value, or market value, has NOTHING to do with the cost to rebuild. If the house burns to the ground, the insurance company does NOT have an option to "buy" it from you for the face amount – they are required to rebuild.

So, you can do it your way, and pay a way, way, way lot of money for a small amount of coverage, or you can do it the insurance company's way, and insure to full replacement value, for less money.

Or, what most people like you prefer to do, is just get a personal loan for the balance of the mortgage, so you can pay off the mortgage, and not insure the house at all.

Are there any companies that will give you a home owner's insurance if you have any medical problems?

My sister and her husband have tried to get home owner's insurance but were turned down. She said they were denied because her husband is a diabetic and she is considered obese because of her weight She may be overweight BUT not obese. They need the insurance in case of one of the other's demise in the future that the home will be paid for. They are purchasing a triple-wide mobile home in North Carolina. Can you please give me the name(s) of insurance companies that will be able to give them home owner insurance in North Carolina.

Thank you all for your assistance in the aforementioned matter.

Ro (Henderson, NC)

First of all, they are not looking for Homeowners Insurance. That is insurance on the house to protect them against fire or other damage to the house. What they are looking for is mortgage life insurance which will pay off if one of them dies. Since they have health problems, the best bet would be to go through the company where they have the mortgage. It will probably be impossible to find a company that will insure them outside of the mortgage company itself. Try that and good luck.

Are Insurance companies suppose to help home owners?

If you have home owners insurance, is it normal procedure for the insurance company to tell you you have to redo your garage roof or they cant insure you, and will they be responsible for some of the payment?

Yes, it's normal for insurance companies to tell you that they can not insure due to a particular condition. There's the usual wear-and-tear that insurance do not cover. You do want to make sure that you maintain your property and do the best you can to prevent any damage. I don't think the insurance will reimburse you amount you spent on maintenance, but you definitely want to be adequately insured at all time by complying their recommendations.

Does anyone have a list of common dogs banned by home insurance companies

The company that I work for does NOT care about the breed of the dog, but does not like to insured homes with dogs that have bitten someone.

Dogs insurance companies do not like writing is : if the dog has a history of being temperamental, nervous, biting, trained as an attack or guard dog, or the dog was trained as a fighting dog.

Do you think home insurance companies are shivering in their boots b/c of those California fires?

These fires happen every year. Earthquakes too. The media has blown it more out of hand than it actually might be. I think this fire series is no worse than any other in the past.

What are the names of at least 5 major Home insurance companies in USA?

Travelers, Erie, Allstate, Nationwide, State Farm, Farmers, Encompass, Hartford