Forum Index

Utility ATV
  All Terrain Vehicles
  John Deere Gator
  Mule Utility Vehicles
Cars
  All Brands
  Audi VW
  BMW
  Car Tires and Maintenance
  Chrysler
  Exotic, Sports, Racing
  Ford Cars
  General Motors
  Honda
  Hyundai
  Mercedes
  News
  Nissan
  Subaru
  SUV and Trucks
  Toyota Cars
Trucks Trailers
  Chevy Pickup Trucks
  Dodge Pickup Trucks
  Ford Pickup Trucks
  Toyota Pickup Trucks
Home Building
  Alternate Electric Energy
  Barns Pole Barns
  Buying Ranch Farm Acreage
  Carpentry
  Contractors
  Electric
  Excavation
  Moldings Finish Trim
  Other Home Building
  Pellet Stoves
  Plumbing
  Wood Stoves
Tools
  Electirc Power Tools
  Gas Power Tools
  Generators
  Shop Tools
  Techniques Howto
Landscape
  Flowers Shrubs Garden
  Golf Course Maintenance
  Irrigation Systems
  Landscape Design
  Landscape Lighting
  Landscape Maintenance
  Lawn, Turf, and Grass
  Vegetable Gardening
Current Events Health Happiness
  Current Events
  Dogs and other Pets
  Electronics And Computers
  Food
  Health
  Just For Fun Off Topic
  Movies Music Games
  Personal Finance Investme
  Sports Outdoors

New As Posted | Active Subjects

Click to Post a New Message!

Discussion Boards > Active Subjects > Messages as Posted > Personal Finance Investments Forum

Page [ 1 ] |

Reply |

Pop Up Window Reply |

Add Photo

12-16-2012, 11:02

Post: 185729

DennisCTB

Pics
Join Date: Nov 1998
Location: NorthWest NJ
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster

Posts: 2586

2 Filter by User

Best Homeowner Policy

I just got my bill from Preferred Mutual and they have my house appraised at twice what I can sell the house and land for. They say the market value is irrelevant, and I get that but the number seems way over the top.

How I wound up with them is I have Allstate for my cars and the agent found this outfit which sells for Preferred Mutual since Allstate was not underwriting in NJ for homes. The agent is useless never returns calls etc.

Anyone have recommendations for a good insurance carrier? My constraints are that we don't have fire hydrants where I live, only a water tank a pumper truck would have access to. Very limited value if the place went on fire

Reply |

Quote Reply |

Add Photo

Bookmarks:

Digg It |

Del.icio.us |

12-16-2012, 12:58

Post: 185730

greg_g

Pics
Join Date: Jan 2004
Location: Western Kentucky
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster

Posts: 1816

2 Filter by User

Best Homeowner Policy

Agent probably wasn't clear. You want to pay taxes on the appraised value, but you want to be insured for replacement value. Do you really think - after a total loss - that you could actually rebuild for the appraised value?

//Greg//

Reply |

Quote Reply |

Add Photo

Bookmarks:

Digg It |

Del.icio.us |

12-16-2012, 17:01

Post: 185732

DennisCTB

Pics
Join Date: Nov 1998
Location: NorthWest NJ
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster

Posts: 2586

2 Filter by User

Best Homeowner Policy

As I said in my post I understand the difference between today's low house values and replacement cost. The number they have is just too big.

Went online (Sunday no less ) and got a policy with Liberty Mutual for $350 less per year at lower insured valuation which I think is a reasonable rebuild value, which is also a hefty amount over market.

Reply |

Quote Reply |

Add Photo

Bookmarks:

Digg It |

Del.icio.us |

12-17-2012, 07:32

Post: 185737

greg_g

Pics
Join Date: Jan 2004
Location: Western Kentucky
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster

Posts: 1816

2 Filter by User

Best Homeowner Policy

Good choice. I went with Liberty this year as well. But my situation was different; excessive premium for insufficient coverage. I was with Shelter for years, but finally got tired of the CPS (creeping premium syndrome). They were charging what I considered to be an excess premium for coverage what was nearly half market value. Their car insurance was similarly out of line.

Switched to Liberty for house, Geico for car. Liberty and Geico are affiliated, so each policy benefited from a multi-policy discount. Liberty tripled the Shelter coverage, lowered my deductible, and reduced the premium by nearly half. Geico beat the crap outa Shelter with car coverage too.

//greg//

Reply |

Quote Reply |

Add Photo

Bookmarks:

Digg It |

Del.icio.us |

Reply |

Pop Up Window Reply |

Add Photo

Page [ 1 ] |

Discussion Boards > Active Subjects > Messages as Posted > Personal Finance Investments Forum

Thread 185729 Filter by Poster:
DennisCTB 2 | greg_g 2 |

(advanced search)

Picture of the Day
DennisCTB

House Fire Near Me

Unanswered Questions

Gas Generator Weather Protecti

Horse Injured Polyrope Electri

Do electric fences keep out de

Any Peruvian Paso Owners Out T

gas powered post driver

My new born foal is really sic

Trailer Axle

dump trailer blueprints

Active Subjects

Gas Generator Weather Protecti

Went to see Dennis Reis this w

Signs to look for prior to lab

leg injury

Broodmare has welts all over h

Some Christmas Humor For Horse

poles in the ground vs. concre

ever thought about moving?

Hot Topics

new app owner

Some Christmas Humor For Horse

Any Peruvian Paso Owners Out T

Heating a Garage

Gas Generator Weather Protecti

Do electric fences keep out de

gas powered post driver

Trailer Axle

Featured Suppliers

MountainCreekLabradoodles.com

New Forums on Gun Sport Shooting and Hunting -- BarrelPoint.com New Forums on Horses ManePoint.com

Talk Horses at ManePoint
Hunting + Gun Sports at BarrelPoint

Most Viewed

+ Diesel Fuel Pricing
+ Poll Are we in for a double dip recession
+ Are you still in love with your Apple Products
+ Do Any of You Invest in Stocks and Bonds
+ WhatsApp 19 Billion How can that be
+ Group Life Insurance beneficiary problems
+ Erik Shatzer Bloomberg why TV when he seems so sma
+ Best Homeowner Policy
+ Stocks brace for a bumpy ride

Most Discussion

+ Diesel Fuel Pricing
+ Poll Are we in for a double
+ Do Any of You Invest in Stocks
+ Are you still in love with you
+ Erik Shatzer Bloomberg why TV
+ Best Homeowner Policy
+ Group Life Insurance beneficia
+ Stocks brace for a bumpy ride
+ WhatsApp 19 Billion How can th

Newest Topics

+ WhatsApp 19 Billion How can that be
+ Are you still in love with your Apple Products
+ Stocks brace for a bumpy ride
+ Erik Shatzer Bloomberg why TV when he seems so sma
+ Best Homeowner Policy
+ Group Life Insurance beneficiary problems
+ Poll Are we in for a double dip recession
+ Diesel Fuel Pricing
+ Do Any of You Invest in Stocks and Bonds

Turbochargers for Tractors and Industrial Machines
Cab Glass for Tractors and Industrial Machines

Alternators for Tractors and Industrial Machines
Radiators for Tractors and Industrial Machines

Driveline Components for Tractors and Industrial Machines
Starter Motors for Tractors and Industrial Machines

Agent probably wasn't clear. You want to pay taxes on the appraised value, but you want to be insured for replacement value. Do you really think - after a total loss - that you could actually rebuild for the appraised value? //Greg//

Agent probably wasn't clear. You want to pay taxes on the appraised value, but you want to be insured for replacement value. Do you really think - after a total loss - that you could actually rebuild for the appraised value?

//Greg//