Quote:
Originally Posted by readygo
Could someone provide an idea of what a policy on a house might run? I tried getting a quote from a couple of agencies on a property we were going to look at (so that I could get an idea of what our monthly/annual costs would bid on the house) and was told that they (state farm and progressive) would not cover LI. Ballpark would be helpful (including flood and total loss coverage). Thanks.
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readygo, there are a ton variables that determine the cost - i.e. square footage, # of bathrooms, type of heating, attached/detached garage, proximity to fire hydrant, location/neighborhood, deductible, etc., etc. - lots more. Also, if you have jewelry with a value of more than $5K, coin or stamp collections, valuable art pieces, etc., you should get a rider for those to be properly covered.
Flood policies (government insured and price regulated) depend on exact location.
Very rough
ballpark would be $100/mo w/o flood insurance.
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