Comments on: How to Get Low Cost Homeowners Insurance in Vermont

By: Tigaresa

Tigaresa — Mon, 29 Jun 2009 08:34:11 +0000

If I were you, I'd look into two things in particular:

First is a mortgage disability policy. You would probably want to take out this policy on both you and your husband. This will help to cover mortgage payments if you or your husband are injured and unable to bring in income.

I'd also look into life insurance policies on each of you. If your husband were to pass away, would you be able to continue making mortgage payments on your own? Would you choose to move? If not, life insurance is a must.

By: amy g

amy g — Mon, 29 Jun 2009 06:13:15 +0000

Thank you for running into each other instead of an innocent person who is following the rules.

You stand as much chance as your homeowner paying the bills for your accident as there is that your auto insurance would cover your house burning down.

If that's not plain enough, NO.

Which ever of you was at fault in the accident owes the other for all damages.

By: belle

belle — Mon, 29 Jun 2009 01:25:59 +0000

Go the the taxing authorities homepage for your county (Google it). You can look up the average taxes on the homes for the neighborhoods you are considering.

By: ghmag

ghmag — Sat, 27 Jun 2009 18:28:42 +0000

You need to call an insurance company for quotes, start with your auto insurance company & go from there. There are many questions, what does the master policy cover? You would need to read the condo bylaws to find out. Does that policy cover everything attached to the unit or only to the studs? Does it cover anything that you add to or alter in the unit? So, you would purchase a condo policy (HO6 form), you would need to find out from the condo association what you actually need to cover. That would be the dwelling limit you need. Then you need to tell the insurance company how much contents coverage you want (if you had to replace everything you own), then get at least $500,000 liability, $5,000 medical payments & get $50,000 (or the company maximum) loss assessment (this covers if you are assessed for damages to common property – simplified definition – you would need to speak to an agent to explain it to you). You would also need to tell the agent the deductible you want (property coverage).
Good luck in your purchase but no one here can give you a quote.
Homeowners insurance is always an annual policy.

By: Anonymous

Anonymous — Sat, 27 Jun 2009 13:17:17 +0000

The more available you are to potential customers, the more likely you will get to quote them. I know that when I am attempting to buy something, I partly base my decision on how easy it is to get ahold of someone.

By: e612

e612 — Sat, 27 Jun 2009 09:05:20 +0000

I have to say, I support the insurance company on this one. They have to manage risk, and part of that risk the dogs people own. Unfortunately, there are quite a few really bad pit owners out there. Don't blame the insurance company, blame the irresponsible owners.

Besides, to make a comparison- a regular doc's malpractice insurance is about a fraction of what it is for a ob- have you ever wondered why there seem to be a larger number of docs getting OUT of the baby business? Used to, all gyns did OB, now, that number keeps dropping. Mostly because they can't afford to pay the insurance AND deliver babies. Are the insurance companies discrminiating against OB's?

By: Autumn Cat

Autumn Cat — Sat, 27 Jun 2009 07:50:41 +0000

Yes very much so. Certain breed's of dogs will void a home owners insurance policy. This is based usually on vicious breeds who tend to generage alot of liability claims. It states this clearly in your policy. If your friends looks at her HO3 policy she will see which specific breeds will cancel her policy. Also many HO3 policies place exclusions against trampolines & swimming pools.

If she chooses to keep the dog – she will have to go through an excess/surplus company to get her homeowners insurance. She will pay about 3x the amount she was paying prior. Its up to her if the dog is worth keeping.

By: disboi

disboi — Fri, 26 Jun 2009 02:47:46 +0000

They don't ask, but there is a good chance they will find out anyway. My aunt has a trampoline in her back yard, which is prohibited, but she figured no one would ever know. It went unnoticed until some teenager tried to dial a number on his cell and hit the front of her house. Her insurance company (along with his) came out to inspect the damage and saw the trampoline.

They also find out when the dog attacks someone in the neighborhood or gets loose and chases the mailman and a complaint is filed.

There are plenty of incidents that could take place that would cause the insurance company to come out.

By: COMPUTER DOCTOR

COMPUTER DOCTOR — Fri, 26 Jun 2009 02:08:39 +0000

It really depends on how it breaks, what type of policy you have and the insurance company?

Some company's can even add riders to your policy to cover it.

Call you insurance company or ask your agent!