Insuring the historic home (II)

Homeowners can take some steps to get the best rate and most effective coverage. “You must sell the under-writer on your house,” says Pringle, Experts recommended: Have an independent appraiser inspect your house. Although it can cost up to $800, the in-depth appraisal “can be used for ammunition when bargaining for the best rate,” says David. “It’s also an excellent tool for claims” be sure to hire a certified appraiser who takes the time to inspect your house carefully. Install an alarm that immediately alerts the police or fire department in case of emergency.

Installation could run up to $400, plus monthly maintenance, but the system will calm your insurance agent’s nerves while minimizing domestic damage. Keep plumbing, heating, wiring and roofing up to dates. Consider overhaul or replacement if these systems are more than 30 years old. Protect valuable architectural antiques. For example, cover stained glass with shatter-resistant plastic. Keep receipts for restoration materials and artisans. Create a photographic record of your house focusing on architectural details inside and out. Document your house’s historic value. Consider nominating the house to the National Register of Historic Places or to local landmark lists. Ask your broker about special clauses to cover woodwork and architectural details. Shop around, but wiling to pay the premium for insuring the full replacement value.