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Questions asked by Insurance Companies

By
Real Estate Agent with Lethbridge Real Estate.com

If you are buying a house in Lethbridge and area, your insurance company will have many questions about the house, and the condition.  It is very difficult/ impossible/expensive to get insurance on a home with knob and tube wiring, a 60 amp panel, gravity furnace, and lead pipes. So those are things that you need to consider carefully when you are buying.  When you are getting your insurance, here are a few questions the insurance company might ask you.

1.  ROOF: How old is the roof?

2.  HOT WATER TANK:  How old is it? Is it a standard tank or hot water on demand?

3.  FURNACE: How old is it? Is it natural gas? 

4.  WIRING/ ELECTRICAL:  Is is copper wiring?  Is it 100amps?

5.  SUMP PUMP:  Is there a sump pump?  How old is it?  Is there a battery back up or alarm?

6.  BACK FLOW VALVE: Is there a back flow valve? How old is it?

 

When you have your home inspection done, it's a good idea to ask the Lethbridge Home Inspector for the answers to these questions, and of course get your LETHBRIDGE REALTOR® to ask the seller's representative. 

 

 

Insurance Questions Lethbridge

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Jennifer is a Real Estate agent in Lethbridge, Alberta.  Some of her specialties include student buyers, out of town buyers and sellers, and extensive Internet marketing of her properties. Whether you are buying, selling, or just want some information, just call Jen at 403-795-8783

Search Lethbridge MLS® listings here:
www.viewlethbridge.com/searchmls.html

Jennifer Brodoway, Lethbridge REALTOR®
www.viewlethbridge.com

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Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Great list of questions for home buyer's to know when it comes to insurance. Thanks for sharing have a great afternoon.

Nov 10, 2014 04:07 AM