The value of your insurance depends upon the value of your condo. The important thing is that you have enough insurance to replace the condo. If you got the condo for a low price many years ago you can't insure it for that because you'd not be able to get another to replace if it were destroyed.
The cost of the insurance on yor condo is based on several factors. In some cases your condo association will dictate the amount of coverage you must have.
A condo insurance costs about $200-$500 a month. You can read more at http://www.prudentialelliman.com/MainSite/Guide/NYCClosingCosts.aspx
To determine how much condo insurance you need, you are best advised to insure the contents of your unit, because the association's master policy insures the real estate assets that all owners own in common. You can work with a broker and a copy of the master policy to determine the insurance coverage you want and need.
You will want to know how much coverage you want and what your looking to pay. You also should know how long a policy you will need and if you can transfer it if you move.
If you are worried about paying for dementia treatments, you should consider getting medical insurance, which should cover about half or more/less of your bills. Medication can get costly, so you should definitely consider insurance.
Then I am paying way too much for my medical insurance.
nothing. i drive and have a permit but my parents pay the insurance. :D
The cost would depend on several main factors, the location of the condo, how much coverage you are seeking and what deductible you select.
Yes, Amco does have both home and medical. It makes paying for insurance much easier.
You should request coverage in an amount appropriate to cover the value of your home's contents. Your insurance agent can assist you in valuating the replacement cost of your personal items. Then you can decide how much coverage to buy.
Probably not but it always seems like it anyways.
500-700 dollars
Assuming you had health insurance when you were employed, you may continue that insurance through the COBRA program by paying the applicable premium. Those premiums will be much larger than the ones you were paying while you were employed.