Anyone know a good home insurance provider?

[andrewfeland]

We got some damage to the roof during a violent rainstorm in late October, and called in a claim.  The claims adjuster came out, told us the roof was too old to process a claim for, and advised us to either get it patched or get it re-roofed ourselves

Comments

Home Insurance

[dancer]

We use Liberty Mutual, though I haven't had to file a claim with them

Re: Home Insurance

[dancer]

Oh, I was curious how much our policy was and what it covered (mind you, our house and structures are smaller than yours, but are closer to the city and purchased after the boom, so may have been appraised for more). Its built in 1900 so not as old (but still pretty old) and has 7 rooms and a 2-car concrete garage.

I do get a discount (5 or 10%, can't remember) through a prior employer, and because our cars are also insured through them:

Total Annual Policy Premium: $ 835.00
Deductible $ 500.00

Policy Coverages & Limits
Coverage Type Description Coverage Limit
Coverage A Your Dwelling With Expanded Replacement Cost $ 301,400
Coverage B Other Structures On Residence Premises $ 30,140
Coverage C Personal Property With Replacement Cost $ 226,050
Coverage D Loss Of Use Of Your Residence Premises Actual Loss
Coverage E Personal Liability (each occurrence) $ 300,000
Coverage F Medical Payments To Others (each person) $ 1,000

Re: Home Insurance

[dancer]

And that $835 is made up of:
Base Premium: $ 1,408.00
Plus Additional Premium: $ 101.00
Less Savings: $ 674.00
Net Premium: $ 835.00

Savings include:
Multi Policy Discount 18% $ 253.00
Inflation Protection Credit $ 42.00
Safe Homeowner Program $ 211.00
Insurance to Value Credit 6.0% $ 84.00
Protective Devices Credit 6.0% $ 84.00
Total Savings: $ 674.00

Re: Home Insurance

[andrewfeland]

I admit, the above is mostly just my own annoyed ranting, and I don't expect them to give me a new roof just because my old one is...well...old (wouldn't that be nice), but if a storm rips a bunch of shingles off a part that wasn't previously leaking, I figure that's damage and ought to count for something.

I didn't figure the damage was going to be more than our deductible, but finding out that any claim would jump our deductible up substantially, and then being told point-blank that anything they decided was "too old" wouldn't be covered--I mean, geez, it's like casino gambling. The insurer is going to make a profit no matter what happens to the insured. My house was built in the early 1800's, everything down to the foundation qualifies as "too old".

I might as well take out my annual policy in scratch tickets, it seems like I'd have an equal chance of getting covered in the event of a real problem.

'Course, now I have to stop whining and go fix the roof. :-)