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Yes, it is possible to insure your house for more than its current market value. This is because insurance coverage is based on the cost to rebuild the home, not its market value.

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AnswerBot

4mo ago

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Can you insure the house you live in but do not own?

Assuming you're renting it, it is possible to obtain renter's insurance.


Can you insure a house that's in the estate of?

The executor should make sure that insurance is current on property in the estate.


How do you know how much to insure your house for?

To determine how much to insure your house for, assess its replacement cost, which is the amount needed to rebuild it from scratch in case of a total loss. This includes considering the costs of materials, labor, and any additional features like landscaping or custom installations. You can also consult a professional appraiser or use online calculators provided by insurance companies. Additionally, review local market conditions and recent sales of comparable homes to ensure your coverage reflects current values.


Can you insure a house with mold?

Yes, but the premiums will be higher.


Is a person required by law to insure his or her house and car?

Most places you are required to insure your car to protect anyone you may hit or injure. Most mortgages require you to insure your house. If you do not have a mortgage there is no requirement, other than stupidity.


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Unless your Westie is one of the breadwinners of the house, I would not insure it at all.


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At the current moment this is not possible.


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"Every major insurance provider will insure a BMW. If you own a house or vehicle already, I would contact your current insurance agent first to get a quote!"


How much would you insure your house if it is appraised at 75000 initially?

You need to insure it at replacement cost not value or appraised value. Call your agent.


What are the different house plans available for purchase in the current real estate market?

In the current real estate market, there are various types of house plans available for purchase, including single-family homes, townhouses, condominiums, and apartments. Each type of house plan offers different features and amenities to suit different preferences and lifestyles. Buyers can choose from a range of options based on their needs and budget.


When was Market House Museum created?

Market House Museum was created in 1979.


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Market House - Omaha - was created in 1893.