Consumption and Real Estate
What are typical home insurance prices in the new york city area?
Question : What are typical home insurance prices in the new york city area?
I am interesting in buying a condo in brooklyn and i want to know what kind of prices i should expect for homeowners insurance.
home insurance new york
Best answer:
Answer by purnimadhara
In general, somewhere from 80-150 per month. but it all depend on you loan amount and exact location of the property.
Hi,
There are many type of insurance, that you can purchase for your home. Insurance against natural disasters, insuring the contents of your home, insuring against damages, such as a damage plumbing pipe, that might damage other parts of your house, which actually happened to me, etc. The best thing for you is to shop around your local insurance agency.
The price of the insurance mostly depend on:
-How much covrage do you want on your house
-Do you want the content of your hosue to be insured?
-How much liabilty you want your insurance to cover:
For example: Your oven exploded, the door shoot out
thru’ a window, and damaged your your
neighbour house. Your insurance can pay
the damage.
-How much Deductable are you willing to pay?
There are also other factors that will also affect your insurance cost, such as how many past claims you have made with home insurance, the type of heating system you have, Do you have fire alarm, sprinkler system, bulglar alarm installed in your house, etc.
You can get a free quote, here without any obligation at
http://www.insurance.dealtap.com
and you can get an idea of how much it will cost, for comparison on your insurance shopping.
Good Luck.