Home owners insurance?

Question

I need to find home owners insurance around $500/yearly. I know credit plays a part but how can I get the policy around $500/yearly...any tips?

Answer 1

It would be impossible for us to help you because there are SO many variables. How much is the property worth? What state and geographical area are you in? How far away do you live from a fire department? How old are you? Have you had any claims before? What kind of pets do you own?

These are just a small portion of the questions that should be addressed when quoting homeowners insurance. You need to visit a few agents and check it out for yourself.

Answer 2

Well, if you're trying to insure a million dollar home, it's NOT going to happen.

If you're in Houston, or Florida, it's not going to happen.  

If you can't afford the insurance - sell the house.

If the quotes you have are close, take a big, fat deductible - like $5,000 per claim.  Eliminate the theft coverage.  

Those are my suggestions.   But there's no way to turn a $1500 policy into a $500 policy - it just doesn't happen.

Answer 3

The amount you pay for the premium to some extent depends on the amount of coverage you are asking for.  It could be a simple as lowering your expectations.

Answer 4

The cost depends in large part on your coverage.

Answer 5

Try combining your auto and home ins. Also shop around for the best coverage for the price .