I just got off the phone with my insurance agent. In getting my new home insured they did their standard procedure of looking at everything from the outside. That review noted that we had three skylights.
Skylights raise the price of insurance... apparently
We don't care about skylights. We didn't buy our place with the thought that "Wow, these skylights are awesome." We bought it for location, and layout.
I suggested that we buy a flat rate plan for a set income, not "replacement value", but I was told that wasn't available.
Insurance companies don't offer it, nowadays. My agent said that many have asked for it, but that doesn't make it happen.
How strange that I couldn't lower my premium by excluding features that I didn't care about, right?
The other interesting thing they did is that they increased the square footage of the property based on their measurements. I guess that is going to allow me sell it for 7% more when the times comes.
Do insurance company giveth or taketh away?
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