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Carol Said:

Does it cost more to insure a house with a pool?

We Answered:

I have an above ground pool and my insurance is no higher because of it. Homeowners insurance covers any aspect of having a pool. What you will want to find out about is local ordinances governing having a pool on your property, such as having a fence around the pool or around the property, and what height the fence should be. Where I live, fences need to be a minimum of 5' high around the property if there is a pool.

Guy Said:

Home Owners Insurance - What to look out for?

We Answered:

You need enough insurance to cover the following:


The structure of your home.

Your personal possessions.

The cost of additional living expenses if your home is damaged and you have to live elsewhere during repairs.

Your liability to others.



The structure

You need enough insurance to cover the cost of rebuilding your home at current construction costs. Don't include the cost of the land. And don't base your rebuilding costs on the price you paid for your home. The cost of rebuilding could be more or less than the price you paid or could sell it for today.

Some banks require you to buy homeowners insurance to cover the amount of your mortgage. If the limit of your insurance policy is based on your mortgage, make sure it's enough to cover the cost of rebuilding. (If your mortgage is paid off, don't cancel your homeowners policy. Homeowners insurance protects your investment in your home.)

For a quick estimate of the amount of insurance you need, multiply the total square footage of your home by local building costs per square foot. To find out construction costs in your community, call your local real estate agent, builders association or insurance agent.

Factors that will determine the cost of rebuilding your home:


Local construction costs

The square footage of the structure

The type of exterior wall construction–frame, masonry (brick or stone) or veneer

The style of the house (ranch, colonial)

The number of bathrooms and other rooms

The type of roof and materials used

Other structures on the premises such as garages, sheds

Fireplaces, exterior trim and other special features like arched windows

Whether the house, or parts of it like the kitchen, was custom built

Improvement to your home–adding a second bathroom, enlarging the kitchen or other additions that have added value to your home
Standard homeowners policies provide coverage for disasters such as damage due to fire, lightning, hail, explosions and theft. They do not cover floods, earthquakes or damage caused by lack of routine maintenance.

Lewis Said:

If you work at GEICO what is your insurance rate for your car and house?

We Answered:

If you work for the insurance company and you have your insurance through them, the %age you get off is likely to be the same as they would pay an insurance agent. I would guess you might get 20% off. I can't be certain about that. However, it might cost you less to pay full rates at a different company than for Geico even with the discount. Geico seems to be an insurance company that markets to drivers with less than perfect driving records. When I first started in insurance, I worked for a company that specialized in motorcycle insurance (for good drivers) and auto insurance for bad drivers. It cost me far less to get my insurance at full price from a regular insurance company than to get my insurance through my employer at discount. After 2 years, I got a position at an insurance company that doesn't deal with bad drivers. I get my insurance through my employer now. Excellent coverage at good rates (even before the employee discount).

June Said:

House insurances best quotas??

We Answered:

Not all companies write in all states, and there's no one size fits all best. Some companies specialize in high value houses, some in new construction, some in rural houses, etc.

There's no good shortcut for this - you're going to have to shop around. I'd recommend a local, independent agent.

Sergio Said:

Why Did fox news Huckabee compare sick people to burnt a burnt down house? Is that how he looks at sick people?

We Answered:

Mike Huckabee is an "educated idiot" who says the first thing that comes to his mind without really thinking what the consequences might be.....and this, unfortunately, is what the entire GOP is becoming.....which is GREAT for the Democrats!

Huckabee's point, though, is somewhat valid....it DOES make no sense for a private insurance business to sell coverage to someone who is already sick....which is why Health insurance should be a government function, not just a private industry function. People should be REQUIRED to pay a fixed, equal premium into a National plan at a rate that generates enough money to fund treatment for catastrophic illness, and should be free to SUPPLEMENT that with private insurance...

Huckabee is about as "Christian" as Ted Haggard!

Jared Said:

Why is this guy comparing the insurance fine with a tax deduction for owning a house?

We Answered:

I have now watched this three times. I'm still not sure what the simple question is that Weiner is supposed to have not answered. Was it about fines to be collected by the IRS? Was it about possible criminality of people and that being enforced by the IRS? Sharing of your health history to determine if you get a tax break for insurance? The comparison with owning a home was about the proof for using a deduction, you do need to prove that you deserve a deduction when you file so there isn't anything new about that.

You don't have to buy a body, you already have one, if O'Reilly really wanted a usable answer he should have let Weiner speak instead of interrupting every other minute.
Then maybe he would have gotten an answer, and a better interview too.

Willard Said:

Two years ago, I lost my engagement ring in my house. I called my insurance company to report it...?

We Answered:

Comparing a car accident to rings getting stolen is a pretty poor comparison. Most people need their vehicles to get to work and to carry out their daily routine, plus many car accidents involve bodily injury. The same can't be said for a piece of jewellery!
As for whether to place a claim or not, two claims involving the same expensive item that close together in time can result in one of three things: a) reduction of coverage from All Risks to Named Perils with Theft coverage being reduced to Burglary (i.e. must be signs of forced entry); b) Increased premium along with increased deductible; c) Non-renewal by your insurer, which will result in difficulty in getting insurance elsewhere or a dramatic increase in premium if you do. Which scenario will play out depends on your insurer and what mood the underwriter is in when your policy comes up for renewal. Talk to your broker about this and ask them to present the above case as a hypothetical to the underwriter to gauge their reaction. At that point you can better decide whether to place a claim or not.