How much to pay for homeowner’s insurance?

I am considering purchasing a Brownstone in BKLYN and wanted to get some thoughts on homeowner’s insurance. I’ve spoken to a few agents, but my head is spinning. Specifically, I’d love some thoughts from the community on:

- How much should an annual premium cost for good coverage (I’ve gotten quotes that range wildly, from $3k to $13k) – the home costs $2.5mm, btw.

- What should home dwelling replacement be? If the house were to be wiped out, how much coverage should I get to rebuild it?

- Any agents that anyone on the board would recommend?

Thanks in advance!

By nohazmats | 11/29/2007 10:57 AM