|
12-05-2008, 05:12 PM
|
|
Senior Member
|
|
Join Date: Oct 2008
120 posts, read 59,535 times
Reputation: 15
|
|
East Coast/West Coast
Is home owners insurance cheaper on the east, or west coast?
|
|
12-06-2008, 06:01 AM
|
|
Senior Member
Status:
"A penny saved is worth two in the bush, isn't it?"
(set 3 days ago)
|
|
Join Date: Oct 2006
Location: Weeki Wachee,FL
4,174 posts, read 2,680,792 times
Reputation: 1734
|
|
|
It all depends on which area of each coast.
There is no constant.
I am 4.5 miles from the gulf and my insurance is under $800.
|
|
03-23-2009, 05:25 PM
|
|
Senior Member
|
|
Join Date: Oct 2008
120 posts, read 59,535 times
Reputation: 15
|
|
|
Anyone else have any input....i.e.......
Where do you live and how much is your taxes and insurance.
Thanks.
|
|
03-23-2009, 06:00 PM
|
|
Senior Member
|
|
Join Date: Jul 2008
Location: West Coast of Florida
796 posts, read 443,202 times
Reputation: 213
|
|
|
I believe you have to know the assessed value of the home for taxes and what the replacement value is on the policy in order to make comparisons.
My assessed value is $390K I pay $4800/year in taxes
The replacement cost is about the same $390K I pay $3K for homeowners. I live in Sarasota. When I first moved here in 2005 I was paying $1200 for homeowners.
Last edited by dmccauley; 03-23-2009 at 06:13 PM..
|
|
03-23-2009, 06:17 PM
|
|
Senior Member
Status:
"Cold WHITE Christmas in NY"
(set 8 days ago)
|
|
Join Date: Jun 2008
Location: where my heart is
4,269 posts, read 1,970,929 times
Reputation: 1213
|
|
Comparable to ours
Quote:
Originally Posted by dmccauley
I believe you have to know the assessed value of the home for taxes and what the replacement value is on the policy in order to make comparisons.
My assessed value is $390K I pay $4800/year in taxes
The replacement cost is about the same $390K I pay $3K for homeowners. I live in Sarasota. When I first moved here in 2005 I was paying $1200 for homeowners.
|
We are assessed at $375,00, pay $4,500 in taxes, and homeowners is $3K and change. Same coast but farther south. |
|
03-23-2009, 06:26 PM
|
|
Senior Member
Status:
"A penny saved is worth two in the bush, isn't it?"
(set 3 days ago)
|
|
Join Date: Oct 2006
Location: Weeki Wachee,FL
4,174 posts, read 2,680,792 times
Reputation: 1734
|
|
|
My replacement value is $359,100 and I now pay $1051.
When I first posted in this thread they had replacement at $335,000 and was at $800.
I was with Citizens but now am not.
|
|
03-23-2009, 06:37 PM
|
|
Senior Member
|
|
Join Date: Jul 2008
Location: West Coast of Florida
796 posts, read 443,202 times
Reputation: 213
|
|
Quote:
Originally Posted by Mike Peterson
My replacement value is $359,100 and I now pay $1051.
When I first posted in this thread they had replacement at $335,000 and was at $800.
I was with Citizens but now am not.
|
I know I should shop around but I am so afraid that if I took on a new company they may decide to drop me after 1 year. I heard this happened to a couple of people. |
|
03-23-2009, 07:09 PM
|
|
Senior Member
Status:
"A penny saved is worth two in the bush, isn't it?"
(set 3 days ago)
|
|
Join Date: Oct 2006
Location: Weeki Wachee,FL
4,174 posts, read 2,680,792 times
Reputation: 1734
|
|
|
Age of the home has alot to do with it. My home is a 2005.
I wouldn't worry about getting dropped for shopping around, that is how I got my current agent.
State Farm offered me somewhere around $4500 for the same coverage I got for $1200, this dropped to the $800 and I got a refund check.
Citizens is farming out alot of thier policies and I am now with someone else for the $1051.
I didn't have the time to shop around and thought it was a decent rate anyway.
|
|
03-23-2009, 09:35 PM
|
|
Member
|
|
Join Date: Mar 2009
Location: P.cola-FL
12 posts, read 3,842 times
Reputation: 14
|
|
|
nice subject sorry everyone just i want to write something out!
i miss Rap music Tupac shakur from West Coast & Notorious B.I.G from East Coast
and East cheaper than West
|
Please register to post and access all features of our very popular forum. It is free and quick.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
Linear Mode
