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Banty Banty is offline
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Default Home-owners insurance from Farmers

In article , Edwin Pawlowski
says...


"Edwin Pawlowski" wrote in message

As a homeowner, learn the budget process, learn about re-evaluation, and
go to the town meetings and voice your opinion. Only educated taxpayers
can control the local politicians.


I forgot to mention, learn about co-insurance. That is important if you
ever think about reducing the amount of insurance you have just to reduce
the premiums. If you house is worth $180,000, you may figure it will not be
totally destroyed so you only want $90,000 worth of insurance. Then you
have a claim for say, $20,000. Since you elected to have only half the
house insured, they will only pay half and you get to pay the other $10,000.



If he has a mortgage, the bank may consider it quite differently.

Banty