 Accidental death insurance claim question? |
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 How much does your credit rating affect your car insurance premium? |
The CSR from my company just told me that continuous coverage is much more of a discount than a good credit rating gives you.
So, overall, about what percent do folks in the know think that the ... |
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 Is there any point to making a claim on my housing insurance? |
| My son dropped my camcorder last night & has broken it. The camcorder is 4yrs old now but was in very good codition before my son dropped it, would i be best to claim or just buy a now one? If i ... |
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 I received a statement from my insurance company? |
| but the procedure couldn't be done because of how my body is built, my obgyn tried but was unsuccessful...my insurance has already paid, should I call the insruance company and let them know or ... |
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 I have filed a claim on a life insurance policy. It has been almost 3 months and the insurance company .....? |
| ....still have not paid. Is there a time line for the insurance to pay out? Are there policies by the State requiring they to pay in a timely manner? The company did not give me a definate answer. I ... |
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| Ex husband using old card from wife's group coverage 2 yrs after divorce! Wife gets statements from insurance co showing recent visits.... |
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 I have a health insurance question.? |
| My husband is self-employed and makes a good living, but we can't afford individual health insurance. He has no employees so we are not eligible for group insurance. Our income is too high for ... |
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 Why are the hardest working folks in this country not allowed health insurance? |
| Like all the small businesses with millions of people in them........it seems to be a noble king and queen thing to me, the peasant population parodox, and remember the farmworker parodox in 1800 ... |
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 Does insurance pay for damage to doors after thieves break in to residence to steal contents? |
| my insurance has refused to pay damage to doors after thieves broke into my rented residential house.my landlord want them repaired at my cost.... |
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 I took traffic school, can the insurance company still jack my rates up? |
I was in a minor accident in 2006. Technically it was my fault but I blame the other douchebag! Can the insurance company still jack my rates up even though I took traffic school?
Additional D... |
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 I just got a letter from my insurance company? |
regarding a trip to the emergency room i had in may.
it says "if you had recent health coverage, your prior company should have sent you a "certificate of health plan coverage&... |
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alfredo i | What should the basic coverage be on a home insurance policy for a home valued at 190,000.00? |
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5_for_fighting
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I'm not sure what you mean about the "basic coverage". Are you asking how much an insurance policy should cost? What kind of coverage? Liability amounts?
With that in mind, I will try to give you a little information. You ALWAYS want to purchase a full-replacement coverage policy for your home. With full replacement, the insurance company will pay the cost to replace items rather than give you a depreciated amount. For example, your roof will depreciate in value over time. If you get hail damage, full replacement coverage will pay the full cost of replacing the roof (less deductible). Other policies would only pay the depreciated value which means you could be picking up half of it or more.
For liability limits, purchase the highest liability limit you can without having to go to some type of umbrella policy (often around $1,000,000). Typically, the liability amounts are relatively low. Increasing that amount is very inexpensive. I increased mine a couple years ago from $150k to $500k. The cost of my insurance went up around $25 per year. With the higher liability limit, you are insulating yourself against injury lawsuits.
Many insurance companies lock the value of your home in at the time you purchase the insurance. I think you get around a 20% increase in value. After that, you have to notify the insurance company that your house is worth more which means you will be paying more for the insurance.
Check with a reliable insurance agent that can shop many different insurance companies. If you go to a XYZ insurance agent, you are going to get XYZ insurance. If you go to an insurance agent that can shop your rates, you will get the best rate regardless of whether it is XYZ or ABC insurance.
Hope this helps. |
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mbrcatz
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Well, it should be enough to rebuild the home. It isn't necessarily related to "market value" AT ALL.
You'll need an agent to help you calculate the cost to rebuild the house. Most of the time, it's around $150 - $200 per square foot, plus built ins. |
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crustysob
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Insurance companies generally promote policies that consider inflation so they can automatically increase the "value" of your home on an annual basis. Their logic is that replacement costs will increase over time. They also use formulas to determine the value of "normal" possessions, which will probably surprise you until you really take into consideration what it would cost to replace all of your possessions.
The cost will then vary by location and consider weather, crime, etc. If you are not getting substantial multi-line discounts from a insurance company (cars, home, life, etc.) it will pay to shop around. |
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ktlove
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where are you located? thats quite important. |
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KATHY A
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Ask an insurance agent. You home owners policy not only covers the house to rebuild it, but also the contents. So place a value on the possession that are within your house. |
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CautiousNorm.
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Dollars? Pesos? Rupees? |
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