When buying a new home do you get your homeowners insurance to cover your loan amount or do you get it to cover the cost to rebuild? The cost to rebuild and replace the contents (but typically don't include the cost of the land because that probably can't be destroyed or stolen). The lender will [...]
Archive for the ‘Homeowners Insurance’ Category
Do you purchase homeowners insurance for the cost to rebuild or the amount of the mortgage?
Posted by on September 4th, 2011
When is the appropriate time to buy homeowners insurance?
Posted by on July 27th, 2011
I made a contract for the house one week ago.Now I am waiting for the reply from the seller about the home inspection results. Because the settlement date is in the middle of april, I want to buy homeowner's insurance as fast as possible. But if the seller nulls the contract (because of the home [...]
What homeowners insurance providers will insure a customer with a snake?
Posted by on July 17th, 2011
I have been actively seeking homeowners insurance and for some reason no one will insure a customer with a pet snake! My snake is a nonvenomous exotic breed that is extremely common as a pet (ball python). Any suggestions on a provider? I have NEVER seen a carrier refuse to write coverage on a non-venemous [...]
How would your homeowners insurance agency know what breed of dog you have?
Posted by on June 7th, 2011
Other than asking you, how would your homeowners insurance agency know the breed of your dog. I have been thinking about adopting a pit/pit mix but I am worried because my homeowners insurance does not cover certain breeds. So how do they know if you have one of those breeds? Particularly if its a pit [...]
Posted in Homeowners Insurance 
Tags: home inspection, insurance company, misrepresentation 
8 Comments »Will my homeowners insurance cover two vehicles that were crushed by my carport?
Posted by on May 26th, 2011
In Dallas, TX yesterday we received almost a foot of snow at my house. I had two of my cars under a carport that collapsed under the weight of the snow on the roof. one was a convertible and one had T-tops. both appear to be crushed as the convertible roof didn't support any weight [...]
Posted in Homeowners Insurance Tags: auto policy, carport, dallas tx, falling objects, negligence, safeco 4 Comments »Can i get homeowners insurance on second home?
Posted by on May 15th, 2011
I have a second home and need to get homeowners insurance on it. is it possible to get this kind of policy on a second home? As long as you're living in it, on a part time or seasonal basis, and it's NOT rented to others (for money or no money), then yes, you can [...]
Can my homeowners insurance co pay a claim and then try to recoup their money via another lawsuit?
Posted by on May 14th, 2011
When my son was living with us he was involved in an altercation with a neighbor. That neighbor is now suing us via our homeowners policy for injuries he sustained as my son was defending himself. no arrests were made, but the police were called. If the insurance company decides to pay the claim, now [...]
Can you get money off your homeowners insurance for an auto accident?
Posted by on May 12th, 2011
I was in an accident where I didn't have insurance on my vehicle and neither did the other driver. Am I able to use my homeowners insurance to get money to pay for medical bills from the accident? My husabnd said someone at work told him about this, but I have never neard of it [...]
Posted in Homeowners Insurance Tags: fraud, insurance, insurance auto, jail time, medical bills, money 62 Comments »Would you be likely to shop for homeowners insurance on a night/weekend or during the week?
Posted by on May 6th, 2011
I currently work for an insurance agency and I sell homeowners insurance. I am considering getting a cell phone to answer calls after 5:00pm and on weekends. I am not sure how lucrative this would be. do people primarily look for insurance during the week or do they seek convenience on nights and weekends? I [...]
Would a theft claim increase my homeowners insurance premium?
Posted by on May 4th, 2011
About $900 worth of stuff have been stolen from our garage and I would like to file a claim under my homeowners insurance (which covers contents). Do you think that filing a claim for theft would increase my insurance premiums? Yes, it will - plus, depending on your deductible and the items stolen, you might [...]
