Insurance costs

By
Home Inspector with Critical Home Inspections

As most are aware a lot of home owners along the coast were hit with staggering increases to the premiums of their Home owners insurance coverage.

I did some research and wound up signing up with a National brand Insurance company, which gave me lower rates than the proposed increase on my old policy.

Along with a better rate, I also received a lowering of my deductible, an increase in the insured value and, this is what really surprized me:

There was a clause in the policy that should the damage to my property occur due to a catastrophic event such as a hurricane, I would be compensated at a rate 15% greater than the replacement value of my home.

The reasoning was, that after a catastrophic event, the price of materials and labor increase due to the shortage of both.

Something my old policy did not contain. Does yours?

Comments (74)

Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I'm stopping back by in-order to check to see if you have any new posts. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Have a good one

Dec 18, 2012 09:33 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I'm stopping back by in-order to check to see if you have any new posts. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Have a good one

Dec 18, 2012 09:34 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I'm stopping back by in-order to check to see if you have any new posts. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Have a good one

Dec 18, 2012 09:35 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I'm stopping back by in-order to check to see if you have any new posts. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Have a good one

Dec 18, 2012 09:36 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I'm stopping back by in-order to check to see if you have any new posts. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Have a good one

Dec 18, 2012 09:37 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I'm stopping back by in-order to check to see if you have any new posts. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Have a good one

Dec 18, 2012 09:38 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I'm stopping back by in-order to check to see if you have any new posts. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Have a good one

Dec 18, 2012 09:39 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I'm stopping back by in-order to check to see if you have any new posts. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Have a good one

Dec 18, 2012 09:40 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I'm stopping back by in-order to check to see if you have any new posts. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Have a good one

Dec 18, 2012 09:41 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I'm stopping back by in-order to check to see if you have any new posts. I sure do keep hopping you'll find the time to start blogging here once again. I'm sure hopping my comment finds everything is going well with you.

Have a good one

Dec 18, 2012 09:42 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I sure wanted to be sure to stop by to say, Welcome to 2013! and I sure do hope y'all are having a good start of the New Year.

Jan 09, 2013 07:11 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I sure wanted to be sure to stop by to say, Welcome to 2013! and I sure do hope y'all are having a good start of the New Year.

Jan 09, 2013 07:12 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I sure wanted to be sure to stop by to say, Welcome to 2013! and I sure do hope y'all are having a good start of the New Year.

Jan 09, 2013 07:13 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I sure wanted to be sure to stop by to say, Welcome to 2013! and I sure do hope y'all are having a good start of the New Year.

Jan 09, 2013 07:14 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I sure wanted to be sure to stop by to say, Welcome to 2013! and I sure do hope y'all are having a good start of the New Year.

Jan 09, 2013 07:15 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I sure wanted to be sure to stop by to say, Welcome to 2013! and I sure do hope y'all are having a good start of the New Year.

Jan 09, 2013 07:16 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I sure wanted to be sure to stop by to say, Welcome to 2013! and I sure do hope y'all are having a good start of the New Year.

Jan 09, 2013 07:17 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I sure wanted to be sure to stop by to say, Welcome to 2013! and I sure do hope y'all are having a good start of the New Year.

Jan 09, 2013 07:18 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I sure wanted to be sure to stop by to say, Welcome to 2013! and I sure do hope y'all are having a good start of the New Year.

Jan 09, 2013 07:19 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Victor, I sure wanted to be sure to stop by to say, Welcome to 2013! and I sure do hope y'all are having a good start of the New Year.

Jan 09, 2013 07:20 AM