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Old 09-08-2013, 09:24 AM   #21
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$1200 or so a year for a 2800 sq ft house in CO and I had a 10 grand hail claim last year.
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Old 09-08-2013, 09:28 AM   #22
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In Florida here. 2500 for 2000 SF. That doesn't include wind or flood for which we self insure. Otherwise it would be closer to 6 grand. Ouch!
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Old 09-08-2013, 09:59 AM   #23
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Quote:
Originally Posted by rec7 View Post
I am paying more that in MO and with a smaller home. Nowadays that sounds good at $550
I have AMICA, 1951-era house, 1760 sq ft, 3 bedroom, 2 bath, with basement. $250k 'replacement' value.

There are many factors that can have a small impact on premiums. Added up, they can make a big difference:

-Discounts for having auto with them
-Age of house
-Remodeled year (updated electrical and plumbing can be big pluses)
-Smoke alarms
-Central monitoring alarm for burglar/fire
-Distance to fire hydrant and fire station
-pool on property
-liability coverages (I have $500k)
and that doesn't even begin to approach things like deductibles, flood zones, wind/hurricane, etc.

My homeowners for my home (remodeled in 2010, updated electric/plumbing) near a fire station/hydrant with smoke detectors and $500k liability is $791/year for a $2,500 deductible. My mortgage w/ PenFed requires a max deductible of 1% of the home's worth, so once the mortgage is paid of down the road, would switch to a $5,000 deductible.
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Old 09-08-2013, 11:12 AM   #24
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Has anybody looked into USAA. While it is for military families it is very reasonable. I am paying 1200 a year for a 2100 sqft ranch and two newer model cars at full coverage. Property is located in NW Indiana.
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Old 09-08-2013, 11:14 AM   #25
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Has anybody looked into USAA. While it is for military families it is very reasonable. I am paying 1200 a year for a 2100 sqft ranch and two newer model cars at full coverage. Property is located in NW Indiana.
Was engaged to the daughter of a former Marine, so she had USAA coverage. The engagement ring had a VERY low rider adder to the USAA homeowner's policy.

If memory serves me correctly (this was about 5 years ago), the USAA homeowner's policy was slightly cheaper than whom I have now (AMICA), but the jewelery rider was substantially lower (like 30% lower), and half of the quote from a Jeweler's Mutual quote.
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Old 09-08-2013, 02:31 PM   #26
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$570 in Nevada, 1700 sq. ft. house. No natural disasters here either.
Sounds like yours is reasonable, but you need to check other companies in your area. As you see, prices are all over the map depending on where you live, age of house, etc. My house in Florida would cost between $3,500 and $4,000 depending on close to the water I was.
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Old 09-08-2013, 06:19 PM   #27
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We're in the process of buying a 6 year old 1636 sq. ft. house in NW Louisiana. I got quotes from USAA & Allstate. Allstate beat USAA for identical coverage by nearly $500 per year. I had coverage by Allstate for a bunch of years till they pissed me off in 2008 when I tried to make my only homeowner's claim in around 20 yrs of doing business. I fought with them for a year before they finally caved & replaced the roof. I swore I'd never do business with them again, but.........I guess I'll eat crow now to save the money.
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Old 09-08-2013, 06:23 PM   #28
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We're in the process of buying a 6 year old 1636 sq. ft. house in NW Louisiana. I got quotes from USAA & Allstate. Allstate beat USAA for identical coverage by nearly $500 per year. I had coverage by Allstate for a bunch of years till they pissed me off in 2008 when I tried to make my only homeowner's claim in around 20 yrs of doing business. I fought with them for a year before they finally caved & replaced the roof. I swore I'd never do business with them again, but.........I guess I'll eat crow now to save the money.
I don't understand this. Aren't you just setting yourself up for a headache down the road? Not all insurers are created equal.
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Old 09-08-2013, 06:31 PM   #29
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I don't understand this. Aren't you just setting yourself up for a headache down the road? Not all insurers are created equal.
+1

"They won't pay my claim, but their rates are a real bargain!"
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Old 09-08-2013, 07:01 PM   #30
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How about $2050 for just homeowners on a 2700 sq. ft. home in a Houston suburb. This does not include flood insurance on our home.
This is through USAA and I have been told that Texans pay the highest HO rates in the country.
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Old 09-08-2013, 09:59 PM   #31
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+1

"They won't pay my claim, but their rates are a real bargain!"
Of course, you guys are 100% right. I was in a hurry when I posted that earlier. What I should have also added (but didn't) is that I'm going to be checking with other insurance companies before I settle on any one outfit. I still have time to shop around. I really don't want to do business with Allstate again, so hopefully I'll find a better alternative. Who knows, I may even end up with USAA anyway.
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Old 09-08-2013, 10:06 PM   #32
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Who knows, I may even end up with USAA anyway.
Remember you'll get a chunk of your USAA premium returned to you at the end of the year, so the actual difference could be substantially less than the $500 hit you may see up front.
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Old 09-08-2013, 10:20 PM   #33
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Of course, you guys are 100% right. I was in a hurry when I posted that earlier. What I should have also added (but didn't) is that I'm going to be checking with other insurance companies before I settle on any one outfit. I still have time to shop around. I really don't want to do business with Allstate again, so hopefully I'll find a better alternative. Who knows, I may even end up with USAA anyway.
I've been real happy with Amica and they are perennial winners of claims handling/customer satisfaction awards.
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Old 09-08-2013, 11:05 PM   #34
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For a 3400 sq. ft. waterfront in Cocoa Beach FL we pay:
$3000/yr Homeowners
$400/yr Flood (wasn't required at our location).
$560/yr Liability (to protect our retirement assets)
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Old 09-08-2013, 11:06 PM   #35
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I paid $1200 this year for a 3300 square foot home, replacement cost level insurance. I just received the bill for next year (which I pay at the end of this year), it has gone up almost 7%. I have never filed a claim.
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Old 09-09-2013, 01:32 AM   #36
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We were with Allstate. The premiums crept up over the years, but we kept it fairly level by changing the deductible over the years. Well, we ran out of changes and finally shopped around when it went to $1.009 with a $1,000 deductible. We ended up going with our independent agent who switched us to Safeco for $565 for our 2,200 sf house.

Actually, auto insurance is what prompted the change. Rates for 6 months were going up to $1,500 for 3 cars. Safeco quoted $1,568 for one year. Safeco also covered more things, but I haven't seen a full Allstate policy in years so it could've covered the same things.
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Old 09-09-2013, 09:31 AM   #37
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We have two cars. I have had the same insurance company for 12 years. I compare the rates every two years or so. I remain with the same company (State Farm) because their rates are competitive and the service has been excellent.

But, when my spouse bought a new (to us) car, their price was out of line-way out of line. Forty percent higher for the same coverage.

So, the cost of coverage may also depend on the type of house, type of car, your postal code, and the claims-yours and other people's claims.
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Old 09-09-2013, 09:40 AM   #38
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I'm with Erie Insurance, and I think my homeowner's insurance is around $900 per year. That's for a ~1500 square foot house with a detached 4 car garage and a couple of other outbuildings. I think they put a replacement value of around $287,000 on the house, which seems awfully high to me, and about $56,000 on the outbuildings. I'm in Maryland, just east of DC.
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Old 09-09-2013, 09:46 AM   #39
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When the Florida insurance on my manufactured home rose to 30% of it's current real value, and the insurer requred a minimum insured value of $50K... we decided to self insure.
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Old 09-09-2013, 10:08 AM   #40
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We have Erie Insurance, paying around $700 w/$1000 deductible on a 2800 sq ft house in Chicago burbs. When we bought the house, the details Erie initially quoted were incorrect. The percentage of brick made a huge difference vs. non brick. The price was almost double if brick % was < 50%. I was able to prove the house was more than 70% brick since the 1st floor is all brick and the 2nd floor is wood w/aluminum siding.

We recently shopped for quotes in last 2 months and Allstate was about $100 cheaper, but I had a claim with them (first ever) 5 years ago and they were so bad I'd never use them again. The agent wasn't helpful and the adjuster was clueless and really young (early 20's). The adjuster didn't seem the know the difference between an exterior and interior door.
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