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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.consumers.house - Date & Time for the message: Thu, 30 Jun 2005 09:20:58 -0700
/ Author of the message: Joshua Putnam |
Title of the message: |
Re: ratings of home insurers
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Text of the message: |
In article <1120144867.889049.260210@o13g2000cwo.googlegroups.com>, beliavsky@aol.com says... > Thanks for the recommendation. I subscribed to the site, but the > article seems to be narrowly focused on the issue of whether homeowners > should increase the size of their policies due to rising home prices. > The article starts as follows. > > December 2003 > Is your homeowners policy under water? > "If you own a home, its value has increased 24 to 67 percent, on > average, just in the last five years. But if you haven't updated your > homeowners insurance and a disaster occurs, those big gains could > evaporate." Sounds like a writer who assumes everyone is insured for market value instead of replacement cost. Homeowners insurance is not car insurance. Rising land values don't do a thing to your insurance needs, you need insurance to cover the cost of reconstruction, not land inflation. |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.