Do you really need house insurance?
 
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Cool Guy
post Dec 13 2007, 06:25 PM
Post #1
 


Do you really need house insurance? Just think you can invest the money you save and if something happens you can shed a few tears on the news and people will donate thousands of dollars and you'll probably be better off than if you had insurance.

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Glasgogirl
post Dec 13 2007, 06:29 PM
Post #2
 


how novel.... I'll stick with my house insurance tho'........
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Blue Frost
post Dec 13 2007, 06:42 PM
Post #3
 


You could never need it or you could need it tomorrow, your choice any thing could happen but make sure you have the right kind.
Floods Earthquakes and other natural disasters are not always covered .
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watcher
post Dec 13 2007, 06:44 PM
Post #4
 


another great mind has spoken I will continue to make my insurence payments yearly
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watcher
post Dec 13 2007, 06:45 PM
Post #5
 


its only when you are near deaths end and you have never used your insurance that it would seem a great waste of money
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Richards
post Dec 13 2007, 06:50 PM
Post #6
 


QUOTE (Cool Guy @ Dec 13 2007, 06:25 PM) *
Do you really need house insurance? Just think you can invest the money you save and if something happens you can shed a few tears on the news and people will donate thousands of dollars and you'll probably be better off than if you had insurance.


If you have a mortgage that means you owe the bank a lot of money. They will want their money and not give a crap whether or not you have the house. Thus to avoid financial disaster you might want to reconsider, Furthermore, in my case the bank required that we showed proof of insurance before we my wife and I were allowed to take possession.
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Cool Guy
post Dec 13 2007, 06:58 PM
Post #7
 


QUOTE (Richards @ Dec 13 2007, 06:50 PM) *
If you have a mortgage that means you owe the bank a lot of money. They will want their money and not give a crap whether or not you have the house. Thus to avoid financial disaster you might want to reconsider, Furthermore, in my case the bank required that we showed proof of insurance before we my wife and I were allowed to take possession.



It was more a hypothetical question, get tired of seeing people crying how they have no house insurance and lost everything.
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Sons Insurance
post Dec 13 2007, 07:02 PM
Post #8
 


Just so happens, my sons apt was broken into last weekend. they ripped him off for all his electronics. Computer, Ipod, Digi Cam etc. As his insurance agent said "No one likes to have insurance until they need it" and he did have it so he is covered.
No home insurance is just foolish. I couldn't imagine trying to live in a tent in this weather should we lose everything and have no insurance. OP, Give Your Head A Shake!
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Blue Frost
post Dec 13 2007, 07:02 PM
Post #9
 


mortgage = Dead,Pledge, from Latin and indo-European LOL dead that kills me.
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Blue Frost
post Dec 13 2007, 07:05 PM
Post #10
 


QUOTE (Cool Guy @ Dec 13 2007, 09:58 PM) *
It was more a hypothetical question, get tired of seeing people crying how they have no house insurance and lost everything.


A lot of times it's the poor, you no feed yourself and your children or pay insurance.
people Who don't have insurance and can afford it oh well, stupid move.
sorry edited post.
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