Homeowners Insurance? | TigerDroppings.com

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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

Homeowners Insurance?



I called USAA and felt it was pretty high.

They quote me $123 a month for a 150k home, 1k deductible. My vehicles are also insured through them.

They did it based on cost to rebuild (204k)







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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
41678 posts

re: Homeowners Insurance?


Generally it will drop your auto insurance as well.

I have my vehicle and renters through them... Vehicle is 105 a month before I had renters .... Now I have renters and Vehicle and it costs me 101 a month...






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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
6358 posts

re: Homeowners Insurance?


Pay $600 year for insurance on rebuild value and all valuables inside the home, including electronics/computers/iPad/iPhone etc... Rebuild est is 425k. that is solely for home ins., but is coupled with car multi and wife's company discount.





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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
80688 posts
 Online 

re: Homeowners Insurance?


quote:

They quote me $123 a month for a 150k home


why are you giving us a monthly premium on the policy?






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MaesterMullen
Mississippi St. Fan
flowood,ms
Member since Jul 2012
1653 posts

re: Homeowners Insurance?


I have my car insured with them, but Homeowner's was just too high.

I also have a car loan with them. USAA is great, so easy to deal with. Easiest loan i have ever gotten






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Will Cover
Washington Fan
Whiskey Dick Mountain, WA
Member since Mar 2007
24969 posts

re: Homeowners Insurance?


quote:

I called USAA and felt it was pretty high.

They quote me $123 a month for a 150k home, 1k deductible. My vehicles are also insured through them.

They did it based on cost to rebuild (204k)


I have auto, homeowner's, jewelry and life insurance through them.

For homeowner's, I pay $1100 per year, but I have a higher deductible - $5500. Cost to rebuild my house: $300K.




This post was edited on 1/28 at 3:17 pm


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Golfer
LSU Fan
Coral Bay, St. John, USVI
Member since Nov 2005
57036 posts
 Online 

re: Homeowners Insurance?


$890/yr - $700 deductible - No named storm deductible either.

No clue what the rebuild cost on my home would be. If it was a total loss, I'd move anyways.






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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Homeowners Insurance?


So do most do cost to rebuild or cost of home?





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Golfer
LSU Fan
Coral Bay, St. John, USVI
Member since Nov 2005
57036 posts
 Online 

re: Homeowners Insurance?


quote:

So do most do cost to rebuild or cost of home?









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Will Cover
Washington Fan
Whiskey Dick Mountain, WA
Member since Mar 2007
24969 posts

re: Homeowners Insurance?


For USAA, their homeowner's coverage helps one rebuild their home based on current construction costs.





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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Homeowners Insurance?


quote:

For USAA, their homeowner's coverage helps one rebuild their home based on current construction costs.




So I'll likely get a higher quote from them?






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lsu tigerdog
LSU Fan
Baton Rouge
Member since Nov 2007
123 posts

re: Homeowners Insurance?


what they do is they'll pull credit report from one of the bureaus{soft hit} but another factor to determine premium is age of the home,
stick with the $1000k all peril deductible






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dewster
Maryland Fan
Tennessee
Member since Aug 2006
9068 posts

re: Homeowners Insurance?


Best I found was $120 for a $260,000 rebuild value with an earthquake exclusion clause. $5000 deductable I think. The house is 33 years old, the roof is about 12 years old.

Louisiana or along the gulf coast would be much higher than what I pay.

Other than living in tornado alley, nothing unusual about this area that would justify a higher costs. We occasionally get winter storms that take a few trees down, but nothing major.



This post was edited on 1/29 at 9:26 am


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NaturalBeam
LSU Fan
Member since Sep 2007
13113 posts

re: Homeowners Insurance?


That does sound high, but how old is your home? That obviously makes a difference.





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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
80688 posts
 Online 

re: Homeowners Insurance?


quote:

That obviously makes a difference.



nah, there are no variables in homeowner quotes across the nation.






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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Homeowners Insurance?


Built in 85





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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
80688 posts
 Online 

re: Homeowners Insurance?


That policy would cost like $3200 in New Orleans with much higher wind deductibles.





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donRANDOMnumbers
New Orleans Pelicans Fan
Lafayette Rouge
Member since Nov 2006
12217 posts

re: Homeowners Insurance?


they will quote and insure based on the cost to replace the building. this is done because property can be purchased for more or less than what it cost to build the thing.

they come up with this figure using cost estimators based on the construction, size, location, and interior details of your home. with some other factors sprinkled in I'm sure.

they might reduce it some if you ask.



This post was edited on 1/29 at 10:25 am


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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
80688 posts
 Online 

re: Homeowners Insurance?


whats your sq ftage?





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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Homeowners Insurance?


Just under 2100 sq ft, 1 year old roof.







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