DenverDiver said:bozo007 said:trksh22 said:With homeowners, do you get discounts for being near fire departments, having fire extinguishers and smoke detectors?? Yes.

I've heard home security like Brinks or ADT will bring down your insurance immensely

We have a monitored burglar and fire alarm system and it gives us a 12% discount.

trksh22 said:Jstkiddn said:

We have a monitored burglar and fire alarm system and it gives us a 12% discount.


Wow! *takes notes to remember this when she buys a house* Wait, how does this compare to the monthly service fee or does that even matter in the grand scheme of things?

Well, in my case we pay $18/month for monitoring....so $216/year. More than our 12% discount Ours is a local company, so I'm not sure how much the Brinks, ADT, etc. charge for service.

$525/yr for 2500sf $125,000 home in central illinois.

$2,305 for a 948sq ft villa in south florida. Thats through Citizens insurance, the only company that is writing policies for the current time down in florida now. Ded. is $1000 and wind damage ded. (aka hurricanes) is 2% of home value.

I pay about $600 a year to insure an approx. 1400 square foot home in Northridge, CA (built in 1997). Also, about $500 a year for earthquake insurance. The earthquake policy has a $10,000 deductible, with poor personal property coverage, but I still need it. If the house is totaled by a quake, I'll manage. But if the house is totaled by the quake without that insurance, that would really set me back.