Premiums are based on many factors, including the number of claims in your area (high
crime areas usually cost more), your own claim history, the value of yourhome, the amount of your deductible, special risk factors (like pools and trampolines), your credit history, and any fire / theft safety measures you've taken or installed.
Not exact matches
It's unlikely that the agent will tell you that the sellers hate all the
crime in the
area or that the train tracks keep them awake at night, but by asking and carefully listening you can
usually read between the lines.
For example, in an urban
area, rates will be a little bit higher, because
crime rates are
usually higher in these
areas.
Moe Veissi, president of the National Association of Realtors and a broker in Miami, suggests asking realtors about
area schools,
crime statistics, parks, hospitals and whatever else is important to you (he should be well - versed in all of these topics) and learning how many years he's been in business (longevity is
usually a good sign).