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wegotdatwood 
Arkansas Fan
Member since Aug 2009
13763 posts
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| Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 2:16 am)
Are they as good as they are with auto? Looking at buying a home very soon.
I don't have a clue what normal coverage is for a home.
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Layabout 
UNO Fan
Baton Rouge
Member since Jul 2011
4470 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 3:48 am to wegotdatwood)
USAA is good insurance and you'll get a big, big discount by insuring both home and auto with the same company.
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lsuCJ5 
LSU Fan
Geismar, LA
Member since Nov 2012
104 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 8:13 am to Layabout)
i have both. i fortunally have never had a claim, but my parents have. i hear all good things through the claim process if you ever come to it. i know i get a small rebate check each year and they have minumum price increases.
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Bmath
LSU Fan
TX
Member since Aug 2010
2910 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 10:09 am to wegotdatwood)
They were twice as much as their competitors when I got a quote. Other than that I have no experience with their home policy.
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XanderCrews
LSU Fan
Member since Mar 2009
236 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 10:56 am to Bmath)
I have them for homeowners. Filed a claim on refrigerator one time and they do replacement cost, not depreciated value.
So I told them what model I had that broke and they gave me the money for what would be the same model today. MSRP as well.
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Will Cover 
Nebraska Fan
Colorado
Member since Mar 2007
22457 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 11:03 am to wegotdatwood)
quote:
Are they as good as they are with auto? Looking at buying a home very soon.
I have them for both. Haven't had to make a claim with them, but I know they are very fast with payouts and have excellent customer service.
Depending upon how much your home is valued at, location, amenities, etc. will depend upon your cost. I pay just over $1100 per year for homeowners insurance with USAA. Replacement value is right at $300K, obviously not including the land.
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Chad504boy 
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
64890 posts
Online
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 11:23 am to wegotdatwood)
quote:
I don't have a clue what normal coverage is for a home.
i'm not too familiar with mobile home policies, sorry i can't help more.
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Libertariantiger
LSU Fan
Member since Nov 2012
122 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 5:19 pm to wegotdatwood)
I have USAA for both. I have had equal positive experiences in claims with both. My opinion is the auto division is a little easier to deal with initially bc it is more standard choices. Two things make me say that, 1. They said they could not sell me a builders risk policy bc of this and that, and another company sold it to me under the same circumstances. That is the ins for when u are in process of building. 2. After building other companies were much lower with the amount they force u to insure. So, I have a home and lot that are combined say 300K. Call it 200k for home 100k for lot. All other companies would set my premium for 200k. Usaa would only insure if I bought 275k premium, but the premium is about the same price. So, I got better top end coverage for the same price, but they do hurricane damage deductible on % of coverage. So my hurricane deductible is quite a bit higher.
In addition I've been a customer for 10+ yrs and have seen a decline in customer service. It is getting worse getting to a real person and someone who is knowledgable. Thankfully I don't have to call regularly, and the dividend return they give back every year makes any hassles easier to swallow. We even got a return on home ins after Katrina. It was small but came with a letter saying they still have a yearly return run intact.
This post was edited on 1/18 at 5:21 pm
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Shaun176
LSU Fan
Baton Rouge
Member since Aug 2008
633 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 7:33 pm to wegotdatwood)
I have both. Pay 1400 per year in East Baton Rouge parish homeowners. 300k 10 year old house. I also do all banking including mortgage and investments with usaa. They paid for us to evacuate after Gustav because we had an infant and no power for at least a week plus they put $500 into our checking account because we lost all the food in our fridge.
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wegotdatwood
Arkansas Fan
Member since Aug 2009
13763 posts
Online
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 8:01 pm to Shaun176)
Thoughts on ballpark cost of 160k 20 year old house? It's in Arkansas so it's not I'm a hurricane area. Not in a flood area either.
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Tigerholic
LSU Fan
Member since Sep 2006
1382 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 9:03 pm to wegotdatwood)
just go to website and get a quote, very easy.
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Willie Stroker
LSU Fan
Houston...ish
Member since Sep 2008
4321 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/18/13 at 9:26 pm to wegotdatwood)
I have USAA for auto and used them for my first home, paying only about $100 a month for a 2k sq/ft home. But when I moved into a larger home in the same suburb, the rates became ridiculous. I shopped around and found a policy with Travelers that was far more affordable. I'm now paying $250/month. If I were to switch to USAA, the lowest rate offered on their website is $390/month. This primarily comes from an estimated rebuild cost of $527K. My home is only worth $250K-$270K if I were to sell it.
Maybe someone can answer a question that could help both of us. If my home were to be a total loss, and my insurance with Travelers only insures for a $300K rebuild, can I just take the check, buy a comparable house and sell the lot? Or does the check only come if I rebuild this house? If I get a check that I can use for anything, why wouldn't USAA allow me to insure for a lower replacement cost?
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wegotdatwood
Arkansas Fan
Member since Aug 2009
13763 posts
Online
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/19/13 at 8:46 am to Tigerholic)
Just did on USAA site and it said cost to rebuild would be 206k, seems kind of low to me?
Also, premium shows $128 a month and that seemed high.
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Libertariantiger
LSU Fan
Member since Nov 2012
122 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/19/13 at 9:06 am to wegotdatwood)
I would call. The website has been higher in my experience. U should be around $100 a month though for a $200k rebuild. I also have had experience with two rebuild on burn downs. Neither were with USAA, but I will gauranty they would have done better than the two agencies I dealt with through my work. Their rebuild cost is based on a sqft amount they have for ur region to rebuild new. It should be higher than u need as the other poster and I are bitching about, so that shouldn't be a concern.
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peopleschamp 
Xavier Fan
Baton Rouge
Member since Feb 2006
5425 posts
| re: Good homeowners insurance? (Have USAA for auto) (Posted on 1/19/13 at 2:29 pm to Layabout)
I have been with Progressive forever with auto insurance. I switched to USAA for house insurance. I checked their rates for auto and USAA told me they couldn't beat Progressive even with packaging the 2 policies. Maybe its because I have been with Progressive a long time but nobody has come within $500 a year of beating their rates for auto. USAA has good home owner's insurance rates.
This post was edited on 1/19 at 2:30 pm
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