I'm have trouble decide on the best home insurance between Fidelity and Safeco?
I'm purchasing a home with a value of 132,000, 1909 sqft., Purchase price at 90,000 and I'e received two quotes. One from fidelity and one from safeco: Below are the description of any coverage who can tell me which is the best deal.
Both Peril 1%
Fidelity Safeco
Dwelling 140,000 193,800
Other Structures 14,000 19,380
Personal property 70,000 77,520
Additional Living Ex. 56,000 Loss of use 38,760
Personal Liability 100,000 100,000
Medical Payments 1,000 1,000
Total 796.00 734.00
Answers:
Get a quote from Nationwide, State Farm, and Allstate.
Home insurance covers lots of different things. I don't understand adjectives the fine print of my home policy, but my home insurance agent is always a phone call away. Try contacting your agent or a agent contained by your area. http://www.easyhomeinsuranceguide.com They should be able to give a hand you.
If I am reading this correctly it appears that Safeco is the better quote. However, you do not right to be heard what type of homeowners this, i.e. is it a quote for an HO-3? Do you have Replacement Cost Coverage included for the Dwelling and your Contents? Did you include Sewer/Water Backup Coverage and Ordinance & Law Coverage? Also I would definitely increase the Personal Liability to $500,000 & the Medical Payments to $5,000--the extramural cost for this should be between $20 to $30 per year and will provide an extra measure of security for your assets. Also manufacture sure that your deductible is $1,000.
As long as you verify these additional coverages/endorsements, I would go next to the Safeco quote. Safeco is a great company.
I hope this helps. Good Luck! Source(s): Certified Insurance Counselor, Licensed Insurance Agent & Broker for over 29 years.
Related Questions:
Both Peril 1%
Fidelity Safeco
Dwelling 140,000 193,800
Other Structures 14,000 19,380
Personal property 70,000 77,520
Additional Living Ex. 56,000 Loss of use 38,760
Personal Liability 100,000 100,000
Medical Payments 1,000 1,000
Total 796.00 734.00
Answers:
Get a quote from Nationwide, State Farm, and Allstate.
Home insurance covers lots of different things. I don't understand adjectives the fine print of my home policy, but my home insurance agent is always a phone call away. Try contacting your agent or a agent contained by your area. http://www.easyhomeinsuranceguide.com They should be able to give a hand you.
If I am reading this correctly it appears that Safeco is the better quote. However, you do not right to be heard what type of homeowners this, i.e. is it a quote for an HO-3? Do you have Replacement Cost Coverage included for the Dwelling and your Contents? Did you include Sewer/Water Backup Coverage and Ordinance & Law Coverage? Also I would definitely increase the Personal Liability to $500,000 & the Medical Payments to $5,000--the extramural cost for this should be between $20 to $30 per year and will provide an extra measure of security for your assets. Also manufacture sure that your deductible is $1,000.
As long as you verify these additional coverages/endorsements, I would go next to the Safeco quote. Safeco is a great company.
I hope this helps. Good Luck! Source(s): Certified Insurance Counselor, Licensed Insurance Agent & Broker for over 29 years.
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