Adler at Saddle Crest in Silverado by Tri Pointe Homes
- Thread starter usctrojancpa
- Start date
NEW -> Contingent Buyer Assistance Program
I like it when they do the garages sideways so you get sort of your own large courtyard and still keep some aesthetic, bunch of homes on Bayside in Newport that are like that:
My Bluffs home is $800+ per year. One can argue that it's because it's a detached condo. However, I just got a quote for my new Cielo home from Westwood Insurance for $966 a year.
I'm also not the one telling people on the forum that PS is not a fire hazard despite multiple instances of fires running past there. Funny how you tell people to get educated when you're the one spitting out misinformation and uneducated responses. Better check yourself before you wreck yourself bro
A $5k deductible is pretty standard. Most all of my clients get either a $2,500 or $5,000 deductible.
irvinehomeowner
Well-known member
Takes more land to do that... or you lose driveway.
I like it when they do the garages sideways so you get sort of your own large courtyard and still keep some aesthetic, bunch of homes on Bayside in Newport that are like that:
These homes definitely doesn't have 2 acres of land on average, it's probably not much bigger than the premium/view lots than the current new construction SFRs selling in Irvine, and from what I see, they have build quite a number of this one with 4CWG so far when I drove by yesterday, it does look kind of funny when the garage is probably as wide (if not wider) than the space between your house and your neighbor.
Last edited:
sgip
Well-known member
CalBears96
Well-known member
I don't know who spread the misinformation about PS insurance, but it's completely false. Insurance for PS is $1000 a year or below.
My Bluffs home is $800+ per year. One can argue that it's because it's a detached condo. However, I just got a quote for my new Cielo home from Westwood Insurance for $966 a year.
qwerty
Well-known member
Calbears - if you don’t mind me asking, what is your replacement cost value? My inirmace is almost 5k year, even when I shopped it around the lowest I found was about 4K. My replacement value is about 1.2M. Just trying to understand how your insurance can be so low.
CalBears96
Well-known member
How big is your house? Replacement value of $1.2M seems excessive. For my 2606 sq ft home, Dwelling liability is $675k and Other Structures is $135k. So my premium is $835 a year. I should also mention that my deductible is $5k. I tried higher deductibles, but it didn't reduce premium much, but it's worth increasing it to $5k from standard $1k (I think).
qwerty
Well-known member
My house is about 3100 sq ft. My separate structures is 113,000. I just looked up the cost of building a home in Orange County and the cost per sq ft is all over the place. Anywhere from 200 to 500 per sq ft. If I back into what my insurance says it would cost it is $387/ sq ft.
CalBears96
Well-known member
You can try to get a quote from Mercury Insurance. That's the one insuring my Bluffs home.
sleepy5136
Well-known member
A-HA! Thats the reason why yours is low. Makes sense now.
CalBears96
Well-known member
Sleepy, you keep showing your ignorance. That is NOT the reason why my insurance is so low. You actually think that by increasing my deductible from $1k to $5k would reduce the premium from $4k a year to $835? Are you really that dense? It only saves like $100 to $200.
sgip
Well-known member
Curious @CalBears96 Is Westwood a direct insurer or a broker?
CalBears96
Well-known member
I'm assuming that Westwood is a direct insurer since Shea is working with them. It doesn't make sense for Shea to work with a broker.
sleepy5136
Well-known member
Increasing your deductible from 1k to 5k will definitely have an impact to your rate. I recommend you understand how insurance premiums are calculated and what factors impact ones premium before you get all cocky.
CalBears96
Well-known member
You still show your ignorance. Why did you think I increased the deductible? Because I knew that it would reduce the premium. Don't you think I knew what both premiums were before I made the decision? I even asked for the premium for $10k and $25k deductibles, but didn't see any advantaged. Why don't you get educated before calling me cocky?
sleepy5136
Well-known member
Let me refresh your memory of how cocky you were with this post: https://www.talkirvine.com/threads/all-american-asphalt.17689/post-401567 . This was the time when you questioned why insurance premiums would go up double or triple when an area is marked as a fire hazard now. You also mentioned that a current fire zone may not be a fire zone in the future. Also didn't know how claims in a given region/zip code is one of the biggest factors in how premiums are determined.
I'm also not the one telling people on the forum that PS is not a fire hazard despite multiple instances of fires running past there. Funny how you tell people to get educated when you're the one spitting out misinformation and uneducated responses. Better check yourself before you wreck yourself bro
Last edited:
usctrojancpa
Well-known member
A $5k deductible is pretty standard. Most all of my clients get either a $2,500 or $5,000 deductible.
CalBears96
Well-known member
Exactly. The sweet spot is $5k deductible. More than that is not really worth the reduction in premium.
qwerty
Well-known member
This was the next change I was going to make in the next week or two. I just renewed in December at my current deductible of 2,500 but if I increase to 5,000 the premium goes down by about 800 so it will get my annual premium down to almost 4K/year. I ran out of time and just renewed in late December. So once I increase in the next week or so I’ll get a prorated refund - there is about a 300 discount for paying the premium for the year upfront so I just pay the annual premium vs monthly payments.