Yes there is a insurance company that doesn't require shutters. I live in Milford and live up from the water. I had a hard time to find insurance with a low premium. The name of the company is Coastal Agents Alliance, LLC.... more
There is an online solution to your problem. You can buy 6 months of 203K Renovation Builders Risk coverage at www.buildersrisk.net and download your policy in minutes. There is no credit check to complicate your closing and their policy includes coverage for the existing structure, your building supplies and the increased value due to renovations. They provide coverage in every state except Alaska and Hawaii and they allow you to occupy the property during renovations. Builders risk doesn't provide coverage for your furniture and household contents, but that is available under your current homeowner insurance policy so leave it in place until renovations are complete.) Check it out!
Once the work is complete you can buy a new homeowner insurance policy for your new home.... more
Start by contacting a local Realtor to give you a market value for your home. Many Realtors will put the info together for you in the hopes of getting future business or referrals from you. If the value is close to 80% LTV, you may want to risk the $350. If not, save your money, keep paying it down and wait for values to go up.... more
Call the Williams Agency 203-874-2581 in Milford. They have all the new FEMA maps and know the shoreline in this area. They can also give you quotes on prices so you know where you stand. If your looking in the Shorline area, search www.milfordshorelinehomes.com. That will cover the area your looking in.
I would be happy to help.... more