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Updated over 6 years ago,
Homeowners Insurance (Older home)
In a 1950's home (Florida), I am hearing that the insurance will be MUCH higher due to old electrical, plumbing, etc. I have tried to speak (and email) several companies, but no responses. Any of you have experience on this? Did you have to update all these right away to bring down your costs? The owner no longer has a mortgage on it, so she doesn't know. I am just trying to get educated on it before I give her my offer.