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re: Homeowners Insurance Question

Posted on 2/10/15 at 8:46 am to
Posted by Cool Hand Luke
Member since Oct 2008
1807 posts
Posted on 2/10/15 at 8:46 am to
Just buy the cheapest you can get. Any claim will be paid, if the company goes under the LA. Citizens reinsurer will pay the claim.
Posted by wickowick
Head of Island
Member since Dec 2006
45827 posts
Posted on 2/10/15 at 9:05 am to
quote:

Any claim will be paid


It really isn't that easy, there are a lot of things covered and not covered in a 40 page policy. Now if we are talking about if a tree falls on your house, will the insurance company have money to pay, that is one thing, but does the policy have a wind and hail exclusion... Is there replacement cost on the structure? The contents?
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