#Erie insurance home protector policy full

Cost of materials rise over the years, if it's brick, thats a factor, theres so many factors. to where we have to explain, your house was built in 1936 (I saw your paper), if your house burnt to the ground, it would cost more than $200,000 to replace. People always call in and say 'My house is only $200,000! I only need $200,000 worth of coverage!. There is also more flexibility when it comes to needing rewritten.Д®dit: The Liberty Mutual is based off of Replacement Cost which is probably why it's coming in high. A lot of times agents have an obligation to their company whereas brokers will compare your rates at 30 different carriers and find the ones that suits your needs best. They work for the client, not the carrier. Google local brokerages/agencies near you. I also always advocate for getting quotes from a brokerage. Past that, my advice is to always get Back up of sewers and drains. If you are older and assess your items at a higher value, ask for an umbrella or increased personal property. $20,000-$30,000 is where I have my Personal Property, and i'm 25 with a $165,000 house for comparison. So if anyone needs to correct me, please do. For lack of going into a huge explanation. Essentially this is the landlords version of a HO5 in my earlier explanation. Then it's covered.ДЄt the very least that American Modern should be written as a DP3 (Special Form/ALL RISK). Now it has to become, a deer that was on fire came into my house and caught it on fire.

Ie.) A deer came in my house and kicked all my shit. It's more of you making a case for why you should be covered, and how it falls into one of those 16 named perils. Real quick explanation for HO5- imagine a deer came into your house, and kicked all of your Tv's, couches, fridge, etc. My agency only writes HO5's preferably, HO3 if need be. did you have it rated as a Dwelling Fire/landlords policy and not a Homeowners? It looks like it's written as a DP1. So one thing that has me kind of concerned with the American Modern. but in PA, so things may not be so apples-to-apples. Overall a tedious process, but I was impressed with their attention to detail. They also asked me about 50 questions in order to determine my replacement cost, which came to $266,000. $1,431 premium with a $2,500 deductible (premium goes down to $1,133 if I bundle with auto)Д«oth with $1,000,000 liability coverage, $5k sump pump coverage. Any help or guidance would be appreciated.Д®dit: Thank you all for your responses and thoughts!Д«ased on suggestions here, I contacted Amica for a quote: Overall, I trust the agent who provided me with the higher quote more, but I'd like to know if there are any specific coverages that are obviously too high or not necessary. One of the quotes I received, from an agent at Liberty Mutual, who was very helpful, came in at about $1,600:ДЄnother quote from Progressive (American Modern) came in at $1,051 per year:

#Erie insurance home protector policy full

My plan is to live in it for a year, rent out some of the rooms, and then purchase another home and turn this one into a full rental. I am about to close on my first home for $273,500 and I have no idea how much insurance coverage I need.