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Dorothy Said:

what is an average insurance rate for a house?

We Answered:

Insurance varies widely for many reasons. Obviously, in Mississippi or Louisiana, you're paying higher rates than in Kansas.

The style and age of your home can be a factor. As can the distance from your home to the nearest fire station.

I could see it be anywhere from $400 to $1000 per year, hopefully more on the low side.

Keep in mind, buying a home for $70K doesn't necessarily mean you need to be covered for $70K either. Part of that value is the land your home is on, which would remain even if the house burns down.

Nathan Said:

What is an Average Home insurance rate of a 2 story house?

We Answered:

It doesn't work that way. Rates are HEAVILY based on your credit score, and the cost to rebuild the home. You also need to know how old the house is. You can't buy homeowners insurance for one month at a time. If you're doing a budget for a school project, figure $2500 a year for insurance, but that's a WAG (wild a** guess). Figure property taxes at 3 - 4 times that, for your school project.

Misty Said:

does obama's health care reform plan (House Bill HR 3200) include a medical malpractice insurance rates?

We Answered:

No. Obama's plan doesn't touch on ANY aspect of medical malpractice or tort reform.

It doesn't actually take any measures, of any kind, to lower the actual cost of health CARE.

Ian Said:

When you buy a house do you pay homeowners insurance to escrow or the insurance company for the first year?

We Answered:

Escrow. You give your quote to your lender and when you go to close you will pay it there. At least, that is what I had to do.

Virginia Said:

If a person shattered my back window, then how much would my house insurance rate go up?

We Answered:

First of all, while such a claim is covered by your home owners policy, is the cost to replace it higher than your deductible? If the replacement cost is lower than your deductible, than it won't be paid any way.

If this is a single isolated incident, it should not affect your rates, at least not very much. In addition, do you know who threw the rock? If it was a child under a certain age, the liability portions of his parents' home owners policy should cover your costs without you paying a deductible. If the thrower was over a certain age, the insurance will not cover it.