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	<title>New answer on: How Is Home Insurance Calculated?</title>

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		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/home-insurance/how-is-home-insurance-calculated</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Mon, 18 Aug 2014 16:57:52 +0000</pubDate>

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		<description><![CDATA[There are two parts to this answer.&#160; The price is largely determined by the actuaries of an insurance company.&#160; The price represents the claims experience of the company in your area with homes that are of similar construction and value.&#160; The other side of the equation are the underwriters of the insurance company who look at individual characteristics to determine of the home meets the company standards.&#160; These two determine whether a home will be underwritten and at what price. ]]></description>

		

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		<title>By: Phil Tuccy</title>

		<link>https://insurancelibrary.com/home-insurance/how-is-home-insurance-calculated</link>

		<dc:creator>Phil Tuccy</dc:creator>

		<pubDate>Wed, 23 Jul 2014 14:11:02 +0000</pubDate>

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		<description><![CDATA[Among the many factors typically used to determine homeowner insurance rates, here are a few of the key ones:

Type of Construction, Age of Dwelling &#038; Condition of Dwelling - Ex:   Is the construction type &#039;fire resistant&#039; rather than wood frame?   Has the building been well cared-for?  

Claims Submission History - Ex:   Does the prospect have a history of submitting claims on a frequent basis...especially smaller ones?   

Dwelling Location - Fire station proximity;   History of frequent and /or severe losses in the area from wild fires, hurricanes, etc. 

Credit History - Credit score - Prevailing underwriting theory is that better credit scores equate to less possibility of frequent claim submissions. 

Additional Risk Factors - Swimming pools, with or without child safety devices;  Questionable types of animals in terms of temperment, as relates to possible attacks on humans;  Recreation equipment on premises - safety devices?]]></description>

		

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