 Quote:
Originally Posted by R Wood
Not heard anything bad about Travelers. If you can afford the $5,000 deductible I would go with it. I look at home insurance as covering the catastrophe, not the little stuff which I would handle myself (broken window, fallen tree that does minor damage, etc.,). I carried a $8K deductible in Florida and the way I figured was if the house was wiped by a Hurricane I would probably move anyways (take the insurance payout and sell what was left) since I am sure my neighbors would have been wiped and the infrastructure would have been very badly impacted. Also remember do not insure LAND (when you say $289 does it include Land?). If you are insuring land you can safely reduce your coverage, and the premium, somewhat.
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Good point about the land. I am not sure how my house value splits up, or even what the value is. zillow lists it as 281,000. previously it was more like 350,000. I guess things hsve dropped. good thing I don't count the house in my fire calculation as other than a place to live in.
I will have to do some research on value and replacement costs.
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