Questions tagged [home-insurance]
86 questions
39
votes
2 answers
House lost in fire.. tax impact?
Like hundreds of others, I lost my house (primary residence) during the Oregon wildfires in September. I had purchased it just two years ago, so still have ~$210,000 on the mortgage.
My homeowners insurance is good and when it processes, I'll have…
Ask About Monica
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37
votes
3 answers
Home inspection for home owners insurance revealed damage my inspection and my lender's appraiser did not see
I recently bought a house in Iowa. I hired a company to inspect the home, they found a few minor things but nothing major. My lender had an appraisal and they didn't note anything either.
I purchased home owners insurance with a large insurance…
ajb32x
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26
votes
7 answers
Can Homeowners insurance be cancelled for non-removal of tree debris?
The situation:
Storm came through and knocked down two trees in my mother's yard. One (tree A) fell onto her fence, one (tree B) fell harmlessly onto her lawn.
Insurance paid for:
fence repair
removal of tree A
Insurance did not pay…
Chowzen
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26
votes
6 answers
Why would a home insurer offer a discount based on credit score?
Recently I received a letter from my home insurance company:
Thank you for being a Gore Mutual customer.
We're working hard to ensure that our products are competitive. And we want to provide you with the most accurate, personalized pricing…
200_success
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23
votes
8 answers
Should homeowners insurance cover the cost of the home?
I'm buying my first house and getting quotes from different homeowner insurance companies. I noticed a lot of them are only quoting me for about 90% of what I'm paying for the house. When I asked one of the agents about this, they explained the…
TheStrangeQuark
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11
votes
2 answers
Can a homeowners insurance demand that I perform specific maintenance at my home?
Our insurance company sent someone out to take photos of our home. They then sent us a letter stating we must fix cracked windows and remove any foliage that is near or hangs over house and out-building. Nothing specific or we would be cancelled. …
Michael
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10
votes
1 answer
At what damage amount should I pursue a homeowner's insurance claim?
We have a recently built house (2008). This past year, a roof leak materialized. I am out of pocket $3250 for several contractor visits that tore out interior drywall, recaulked flashing and siding, tested areas with a hose, and ultimately…
user662852
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9
votes
5 answers
Can one insure a home's AC unit?
My mother-in-law would like to insure her single family home AC unit while my wife and I are informally renting a room with her. Is this possible?
Although the unit is 10 years old and runs fine, she could not afford to replace it and is paranoid it…
Steve Clay
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9
votes
2 answers
Insurance for a house which is not homeowners insurance?
My wife and I moved last summer, and our former home is still on the market. We were recently informed by our homeowners insurance company that because the house is no longer owner occupied, they will not renew our policy when it expires in a bit…
pjmorse
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9
votes
1 answer
What to expect from subsidence repairs
Our house is being damaged by subsidence. The insurer agrees and has accepted liability (actually, passed it on to a specialist third party). At present they are monitoring the situation and organising the felling of the trees that are presumed to…
Paul Johnson
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7
votes
3 answers
Homeowners insurance requiring auto Insurance
Is this a normal requirement to face while obtaining quotes for a home owners insurance policy? If I'm understanding this insurance agent correctly all three quotes they provided for insurance of a home we're looking to purchase require the purchase…
jxramos
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6
votes
2 answers
Is life insurance linked to mortgage always a good idea?
My husband and I are 30 years old, have stable jobs, and earn roughly the same salary. We are buying our first house, with a 35% down payment. The monthly mortgage works out to ~15% of our combined in-hand monthly incomes (after paying taxes and…
NotANumber
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6
votes
1 answer
What kind of insurance do I need for my little house in a garden?
There is a small house located in my orchard in Germany. The orchard contains mostly fruit trees and is situated in a landscape protection area. The house has two stories and is built of stone, but it does neither have access to water or…
Lehue
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5
votes
1 answer
What home insurance policy riders does the average person buy?
While researching home insurance policies I found myself wondering how often other home owners purchase certain policy riders, such as water backup and sump overflow protection. Are there any resources, surveys, etc that have ascertained what the…
butallmj
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5
votes
3 answers
Vehicle in Garage Covered by Auto and Home Owners, Can I claim both?
Theoretical question here, I am just curious. No damage has occurred.
if I were to have a Vehicle in a garage attached to the home and the home burned to the ground or was flooded and damaged the vehicle in the garage, could I make a claim for the…
Malachi
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