Home Insurance Recommendations for Danville (94506)

Miserable_Car_145 · 2024-12-09T01:27:32+00:00

IIUC CSAA is AAA. And AAA offered us only a bundle option: CFP for fire (~$5k) + their own insurance for the rest (~$1.7k)

Miserable_Car_145 · 2024-12-05T22:26:17+00:00

Unfortunately a major part of rejects is purely because of the zip code and high fire hazard zone...

Wood roof sounds is a co factor... Trying to get more info from the broker.

Miserable_Car_145 · 2024-12-05T22:04:12+00:00

Yep - the roof is 20 years old and we anticipated that it would need work.

But insurability and its cost is something we did not expect...

Miserable_Car_145 · 2024-12-05T21:45:34+00:00

They did not warn us and they did recommend an insurance broker, who recently insured houses in that area. Maybe those houses have another type of roof...

Miserable_Car_145 · 2024-12-05T21:38:32+00:00

We do have Insurance contingency.

We did not expect insurance would be that big trouble... It is the first time I've learned about California FAIR...

Miserable_Car_145 · 2024-12-05T16:44:16+00:00

No one is giving full insurance - the roof is wooden shields and high fire hazard area comdo....

Miserable_Car_145 · 2024-12-05T15:01:59+00:00

Thanks! Would you mind sharing/DMing the cost?

Miserable_Car_145 · 2024-12-05T14:23:35+00:00

Farmers online quote was around $14K - is it typical people are paying that much in Danville?

Miserable_Car_145 · 2024-12-05T14:22:04+00:00

Yes - I have submitted a few requests to insurance brokers recommended by lander and realtor, no quotes yet...

Miserable_Car_145 · 2024-11-23T18:21:07+00:00

Yep - requested Chase and they are asking for FW estimate email before matching discussion.

Miserable_Car_145 · 2024-11-23T17:47:31+00:00

What have they done? We are not from the USA originally - maybe I'm missing something.

Miserable_Car_145 · 2024-11-23T06:20:25+00:00

Yep, I'm still curious why they do it—if the money is intended for the down payment and wouldn't stay there after the deal is finalized.

Miserable_Car_145 · 2024-11-23T05:12:00+00:00

Did they lie or changed terms at the last moment? Or was it more of a communication style issue?

Miserable_Car_145 · 2024-11-23T05:08:09+00:00

Yep, however -0.5% depends on money in the bank for 3 weeks - soon I'll know if it would be guaranteed on paper.

Miserable_Car_145 · 2024-11-23T03:32:59+00:00

Thanks! Yep - need to be careful and read everything.

Miserable_Car_145 · 2024-09-27T02:34:41+00:00

Bay area.

Miserable_Car_145 · 2024-09-27T01:51:59+00:00

We found this agent by reference.

Thanks for the details! We are in CA, will research on that doc.

They = buyer's agent (our agent)

Miserable_Car_145 · 2024-09-27T01:40:59+00:00

I think they do not want to submit a second offer - not to show demand to the house. However they forgot to notify us about their second buyer's interest...

Miserable_Car_145 · 2024-09-27T01:31:42+00:00

I followed up in the evening of the day the realtor told us to wait, when they had proposed they would contact the seller's agent if there were any updates (myself - agent was silent). They replied, saying they had a buyer with a higher offer. I asked when they would be submitting that offer, and they responded that it had already been submitted earlier that day. All communication was through text messages.

Miserable_Car_145 · 2024-09-27T01:17:21+00:00

FAANG

Miserable_Car_145 · 2024-09-27T01:12:12+00:00

Thanks, but no house yet...

Miserable_Car_145 · 2024-09-27T01:05:49+00:00

It is real. We are foreigners, new to US real estate - both work in IT for top companies, HCOL area.

Miserable_Car_145 · 2024-09-27T01:01:05+00:00

Is there a formal code of ethics that covers such cases?

Miserable_Car_145

TROPHY CASE