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wegotdatwood 
Arkansas Fan
Member since Aug 2009
14166 posts
| re: Homeowners Insurance? (Posted on 1/29/13 at 2:59 pm to wegotdatwood)
Cost to rebuild the 150k home was 204k according to USAA.
USAA- $1427 a year.
Farm Bureau- $1172 (but have to have car insurance with them and it's much higher than USAA is.)
Waiting to hear back from a local insurance agency.
It's located in Arkansas.
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Chad504boy 
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
66201 posts
 Online
| re: Homeowners Insurance? (Posted on 1/29/13 at 3:06 pm to wegotdatwood)
quote:
USAA- $1427 a year.
see how much $ you'd save if you increased your deductible a bit.
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wegotdatwood
Arkansas Fan
Member since Aug 2009
14166 posts
| re: Homeowners Insurance? (Posted on 1/29/13 at 6:34 pm to Chad504boy)
quote:
see how much $ you'd save if you increased your deductible a bit.
$1,500? $2,000?
I don't think I'd be comfortable doing 5k like some, that's a little too much for me.
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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
66201 posts
Online
| re: Homeowners Insurance? (Posted on 1/29/13 at 9:20 pm to wegotdatwood)
2500... just weigh the savings
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wegotdatwood
Arkansas Fan
Member since Aug 2009
14166 posts
| re: Homeowners Insurance? (Posted on 1/29/13 at 10:27 pm to Chad504boy)
Will do, I'm assuming people rarely get to make a claim on a house?
Would think I would use my auto insurance more often.
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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
66201 posts
Online
| re: Homeowners Insurance? (Posted on 1/30/13 at 8:37 am to wegotdatwood)
quote:
Will do, I'm assuming people rarely get to make a claim on a house?
theory is that you aren't going to file the small nickel and dime claims. Not saying to go higher deductible, but I certainly do if I feel the premium warrants it.
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PurpleAndGold86 
LSU Fan
Houston, TX
Member since Jun 2012
5981 posts
Online
| re: Homeowners Insurance? (Posted on 1/30/13 at 9:05 am to wegotdatwood)
quote:
wegotdatwood
I have USAA for my homeowners so I'll throw this out there for comparison.
We have a 3,434 sq foot house in Houston that was built in October of 2010. We are the first people to live in the house.
We pay $2,305.20 a year (195 a month) in premiums. The dwelling is covered to $386,000 and personal belonging inside are covered to $193,000. USAA will not let you go less than half of the value of your dwelling on the personal belongings.
I have auto insurance and personal property (jewelery) with them.
I don't think your quote sounds all that high.
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