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Bill Said:

Is home insurance quote negotiable?

We Answered:

There are some coverages that are optional. Ask if they are including those in the quote and maybe there are some that you can do without.

Take home and auto in the same company to get the most discounts available. The company will also treasure you more as a valuable customer.

Kevin Said:

Home insurance quote question about 1st time buyers - what is its relevance?

We Answered:

Well, if you're NOT a first time buyer, then you have prior homeowners insurance - and a track record at maintaining (or not, as the case may be) a home in good condition.

In either case, they are going to run a CLUE report, so if you have any prior claims (homeowners OR renters) they'll show up.

Sometimes, if you have prior insurance, there's a credit available.

Sally Said:

Why do people get refused home insurance?

We Answered:

I don't know what things are like where you live, however here (Vancouver, BC, Canada) most insurance companies give up to 20% off depending on the protection you have. The better the system the less risk of loss hense lower rates.

Check out this site, if you want to find the cheapest home insurance just in one minute,

http://best-cheap-home-insurance-usa.blogspot.com/

Here you can get free quotes from different home insurance companies in your area, its the best way to find an afforable home insurance with a reliable company.

Best Wishes,

Joann Said:

where can i find out when my home was built, for insurance purposes. uk?

We Answered:

Your local Estate Agent should be able to tell you. Houses fall into catagories depending on the decade they were built in. ie: 1950s were semis with bay windows, 60s, the start of the wimpy semis, and so on. the Insurance company only need to know the approx decade not the actual date. It will be on your Deeds though.

Tiffany Said:

How do Insurance companies determine quotes for home owners insurance?

We Answered:

They all do it different ways.

They have the rates calculated by actuaries, and filed with each state insurance commissioner.

As an example, one company (that I used to manually rate for, tells you how long ago that was, LOL), first you figure out how much coverage they need. You go to the tables for that amount (preferred at that time was $125,000 to $200,000, those were the lowest rates). Then you pick the construction type (frame, masonry veneer, masonry), then you pick the protection class code (ISO standard). Then you get the base rate. Then you add the premiums for any endorsements. You then apply credits and debits - for unupdated houses, or fully updated, for claims or no claims, for credit score, for deductibles, etc.

That gives you your final rate. It's a bit more complicated than that, as some endorsements get added before credits/debits, and some after.

Gene Said:

How do you start a home based auto insurance? Example making quotes, issuing insurance and taking payments.?

We Answered:

Insurance involves licensing and that is regulated by each individual state.

It sounds like you want to try and be an insurance "broker" vs. "agent". Broker sells for many companies, agents sell for one.

The insurance company is the actually holds the licenses. To my knowledge an individual cannot just throw up a sign and become an agent. If you truly are interested contact some of your local insurance companies and ask them about a job their first.

Then after you become licensed, and gain experience you could attempt to do it on your own, if your state allows it.

Evelyn Said:

Does 'employment sector' affect your home insurance quote?

We Answered:

Contents Insurance ?

I doubt there is much difference at all .. if you are 'at home' most of the time (unemployed / retired etc) you are likley to take better care of your goods, so you could be slightly lower risk = whilst if you have visitors in connection with your job as a care worker, there could be slightly higher risk of theft ..... however it could also be argued that being at home all the time increases the risk of accidental damage ....

The obvious thing to do is go onto one of the 'Price Comparison' sites (there are many dealing with Insurance as well as Meerkats :-) ) and see what happens when you change the 'occupation' box :-)