Home Insurance Forum

I had a leak from my apartment condo which was behind a wall so I never noticed it. The leak came from a corroded p-trap from a washer in my unit. When the water drained too quickly, it would back up – not into my unit – but behind a sheer wall and down into a condo below. The new owners of the condo notified me of the damage 10 days after they took title, but judging from the amount of damage- including mold, mildew, and mushrooms- the water began affecting their unit long before they took title. The downstairs unit had been vacant for 6 months and was part of an estate sale.

I had an insurance check made out to me and my mortgage, I put it away to do the roof repairs later ($7,500). Sold the house and I still have the expired check, what can I do?

A home is one of the greatest investments a person can have. Home insurance policy has become an absolute necessity for everyone who possesses a home today. After having a home, the next step is to make it insured. Home insurance plan is designed to protect what you have built or what you own. Earthquakes and hurricanes are some of the natural problems your house faces apart from other dangers from the environmental and human sources. Obtaining a home insurance quote online can save you money as well as time. Home insurance is one of the most important covers that one buys.

I’ve no clue what is wrong with my home and auto insurance scores!! My credit score is more than 700. I haven’t had a home insurance claim in the last 20 years; was involved in an accident but didn’t file a claim; instead paid for the damages. But both my home and auto insurance scores display “Poor”!! The description even says that the poor score reveals the likeliness of me filing a claim...Ridiculous! What the hell should I do with this?

I’m about to close on a home within a week or two. I would like you to suggest me for some good homeowner’s insurance in North Carolina. Any tips about it will be great, like how to locate a suitable homeowners’ insurance. The house is a first floor condo situated in a small two story building with only four other units attached to it. Your advice will be greatly appreciated.

My yearly homeowners’ insurance contract is about to expire next week on 30th October. I am planning to switch my carrier because most of the insurers provide low-cost insurance policies and later on increase their rates, citing people usually don’t like to switch. My roof is leaking and I want it to be replaced. Now, if I file a claim, then they will take more than two weeks to process it and there are chances of my claim getting rejected since I have switched companies. Is it really so? Or would it be better for me to wait till I completely switch off to a new carrier?

Will my home insurance cost increase if I claim a kitchen fire? Thanks in advance..

I received a confirmation regarding the acceptance for a property I had put an offer on. It is has 3 beds, 1 bath and its of 1050 sq ft. It was made in 1950 and its previous occupants had its electrical and plumbing improved in 1990. The home and not its land was last appraised in 2009 at $80,000.

Does filing for bankruptcy protection inflate both my car/home insurance costs?

My husband had to leave due to deployment in 2012 for 8 months. Before he was deployed, he took a storage unit on rent. The storage unit was full and there was no room left to put our 46 inch TV into that. We kept the TV with one of his colleagues who was also deployed with him at his garage. During their deployment, the colleague claimed that somebody stole the TV along with some of his personal belongings.