Topic: Home Insurance Coverage and Costs
Home Insurance Coverage and Costs
What do you think should be the dwelling amount for a typical 3 bedroom and 2 bath house in Petworth?
My current insurance costs $875 a year for the following coverage through State Farm. Does this seem right? How does it compare to what you have? I have not made any claims, so I get the Claim Record Discount. No car, so that’s not a factor.
Dwelling – $315,800
Dwelling Extension – $31,580
Personal Property – $236,850
Loss of Use – Actual Loss Sustained
Deductible – $2,000
Personal Liability – $500,000
Damage to Property of Others – $500
Medical Payments to Others (Each Person) – $1,000
Claim Record Discount – Subract $193
Total Cost – $875
Any specific things to look for in Forms, Options and Endorsements?
Thanks for your advice!