Why is my home insurance estimates that high?

In: Home Insurance

16 Sep 2010




We buy our first house and our mortgage Guy estimated our home insurance costs should be 400 to $ 500. We have received two estimates and they were $ 730 and $ 775. What can we expect an increase in the cost of any of us?

The house was built in 1920, has wood paneling and is located on the outskirts of the city (near fire hydrants). The only other information I can to raise prices, thinking that the fire station on the other side of the track rail is the fact that the house on State Road / Route is located high traffic, and in the vicinity of a Bar … Or is there somthing more?

There are several factors that increase the price if the house was built in 1920, is for updates on the electrical lines that may go higher because it is a fire hazard. If it can raise in the vicinity of water, and wood stoves and fireplaces. “I used to make an insurance and these are just some factors that can raise. Check with several companies about you will be surprised to find a cheaper one.





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