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O.T. Insurance
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Posted by Uncle on December 07, 2005 at 12:00:27 from (4.226.125.58):
My wife and I just bought the land we want to retire on. 11 Acres, two ponds, and currently has an older 1600sq.ft. home on it.
I have the old home rented out right now as I will not start my building for several years and the renters are paying my mortgage.
Anyway, I need a source for insurance. Farm Bureau said that they would cover it for $500/yr. after I have an electrician, plumber, and Chimney sweep sing off on it.
The house is aprox 50 years old.
Is this standard or am I being jerked around?
I am going to tear the old home down when I get my dream home built. I just need coverage so that I'm covered if something tragic happens to it before I tear it down.
Brian
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