NTR: Home owner's insurance?

anna7602 · February 2010

I'm embarassed to ask this because I know we should have it already, but how do I go about getting homeowner's insurance? Do I just look up insurance sales in the phonebook? Are there major players out there? Does someone have to come to my home and take an inventory of our stuff or do I do that myself?

The 4-alarm fire in our neighborhood this morning was a good kick in the pants for me and DH to get this taken care of asap.

laurenFaith · February 2010

What neighborhood are you in? Sorry no insurance info.

punkfiction_v.3 · February 2010

if you own your home already - its a req for your mortgage.

MattsWifey<3 · February 2010

Just call All State, State Farm, Geico, etc. for quotes. Start with your current car insurance company for a quote. No, they don't come take inventory. Do you own your home? We had to have homeowners insurance when we closed on our house...

karenmarie20 · February 2010

Do you have auto insurance? See if your carrier writes home insurance for package discounts? If not you can go through a direct writer like Allstate or Liberty Mutual or just call a local agent.

azaretsky · February 2010

Call your auto insurance agent - you're likely to get a discount/better rate if you have multiple types of insurance through the same company.

anna7602 · February 2010

punkfiction_v.3:
if you own your home already - its a req for your mortgage.

We live in a co-op. Our building has insurance and that's what our mortgage company accepted. But it only applies to something happening to the whole building. If just our one unit got flooded or broken into or something and we lost all of our stuff, we'd have no protection.

turkishdelight · February 2010

They don't come out and do an inventory...you have to estimate how much your stuff is worth and determine how much protection you want to buy.

anna7602 · February 2010

laurenFaith:
What neighborhood are you in? Sorry no insurance info.

Jackson Heights. It was a leading story on the NY1 web site a couple of hours ago, not sure if it still is. I was out with DD this morning when it was raging and we could see the smoke everywhere. Scary stuff.

PnkBride · February 2010

It is really strange that your mortgage company not require it before you closed.

To answer your question, just go to insurance in the yellow pages and look for homeowners. I would not go with a cheap company. Go with a company that has a good reputation in your area. You get what you pay for in insurance. If you go for the cheapest, just hope you don't ever need to file a claim. Ask your friends and neighbors and get feedback from good insurance companies in your area.

MegGary · February 2010

Who's your auto insurance with? That or life insurance. Check out Allstate, State Farm, Gieco, Nationwide all online. You can usually get a quote online through them. It's fairly inexpensive. We don't own we rent but our renters insurance is less than a $100 for the year. Keep in mind that goes by what you carry on the policy & for how much. Like if you have jewelry on their or other big ticket items.

yoko589 · February 2010

I don't know what a co-op is but I assume it's similar to condos down here. Your mortgage company probably accepted the master policy for the building. they don't require you to have coverage for your personal property though. You can get a policy that covers in the inside walls and your personal property. It's cheaper than regular homeowners and similar to renters insurance but has some extra coverages. It's definitely something you should look into.

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NTR: Home owner's insurance?

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