<p>Home turns 100 this year. Agent says he looked around, my bill went up 1k…who insures your 100 year home</p>
<p>We had a 100 year old home in PA on the historical registry about 15 years ago. State Farm carried the home owners insurance.</p>
<p>just bought 100 year old for son to use at college…state farm insured … no problem.</p>
<p>yes, ours is 100+ and have had several insurers over the years. We’ve lived in it 23 years and it was insured prior to a reno when it had knob & tube wiring and an ancient and inadequate fuse box. Never felt like we were being gouged. State Farm was the original insurer but we’ve switched twice since then.</p>
<p>OP, Are you saying your insurance premium is going up automatically just because your house is turning 100? I had not heard of that happening. Ours is 100 years old in a few years so would like to clarify that in advance. Don’t want to think about a big automatic increase when we are already having to pay alot for flood insurance in adddition to regular homeowners. We are in no hurry to move but a major insurance increase might influence that so will be looking at the answers to your post. We have Farmers now and never thought we would have to change simply because of a house being 100. What have been your experiences on this?</p>
<p>Our house is only 80 plus years. But it has gone through three major earthquakes. We are bundled with car et al through Mercury. The most expensive part is the earthquake insurance. We have full replacement value.</p>
<p>I live in an area filled with old houses. No reports of any special insurance needs, or birthday hikes in rates when the house turns 100 in 5 years! </p>
<p>However, I tried to ask about full replacement value on my homeowners policy, as all the oak woodwork can’t be cheap. Never did get a good answer from my agent, who stated it was insured for full value. But I still don’t understand if that is full replacement value with equally high quality materials.</p>
<p>100 years is nothing. Our house is 90. We get our insurance from USAA. We have occasional apologetic increases because replacement costs have gone up. (And as an architect I know they aren’t lying to me.)</p>
<p>One of our old places (nearly 100) is insured with Merrimack Mutual Fire Insurance. Not unreasonable, relatively speaking. I would definitely shop around, op. No reason why a home should have a sudden jump in rates if there has been no history of problems in the past.</p>
<p>Do I come in first at 250+? We’ve never had any special issues insuring our house (although are looking forward to the fire station opening relatively close next year–that should drop our rates).</p>
<p>In Florida the dwelling insurance market is a nightmare because so many insurance companies have pulled out of the state. Many homeowners in Florida, who don’t have mortgages and lenders requiring proof of insurance, simply go without dwelling insurance rather than pay $10,000 or more for insurance. Your house has lasted 100 years, maybe it will last a few more years without insurance coverage. Maybe just buy a liability insurance policy and skip getting a homeowners policy if you are willing to take risk.</p>
<p>250??! </p>
<p>We’re only 84, but I’ve been really happy with Amica. Amica and USAA were the top two insurers according to Consumer Reports.</p>
<p>The issue we had insuring our old house was some knob and wiring in the house … a bunch of companies would not issue us … we had insurance with Liberty Mutual. We recently updated the last of the wiring in the house and none of the companies we contacted had any issues with our house … I’m not sure is we were charged premiums for the age of our house although I do know that the cost was lower with the old wiring our. We eventually picked MetLife although we will relook at AMICA soon.</p>
<p>If you have knob and tube wiring you should definitely update it. The first thing we did before moving in was make sure we had ground three prong outlets everywhere. That’s money well worth spending.</p>
<p>Our house is 100+. We have State Farm. Looks like our bill is a fraction of what yours must be.</p>
<p>House built 1895. Insurance not a problem. Given the shoddy construction of some newer homes, I’d argue they should pay a premium. Insured by a small company named Hanover. We do bundle our home and auto, which saves a bit, plus we have an umbrella policy that covers us for excess liability. Highly recommended. In general, minimum coverage eats up most of the premium, and adding more coverage is relatively inexpensive. In other words, raising your converge from $1 million to $2 million cost much less than the initial million. Don’t stint on added coverage–not that expensive–and get more than you think you need. </p>
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<p>Our beach house is 125 years old and insured through Lloyds syndicate. Proximity to water, not age, put us in the high-risk pool. We had to go through local insurance broker familiar with the area to get a policy.</p>
<p>Our 90yo year-round house is through MetLife. (who wanted nothing to do w beach house).</p>