The National Trust has an insurance arm now. We moved over to them 1 1/2 years ago or so, and we have been super happy with them. Our rates went down and we now have much more appropriate coverage for our historic site.
Rowena
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Rowena Houghton Dasch, PhD
Executive Director, Neill-Cochran House Museum
2310 San Gabriel Street
Austin, Texas 78705
(512) 478-2335
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We're reviewing our property insurance on our 1834 house (also a national historic landmark). Do you recommend insuring at 100% of value, even when there's no intention of "replacing" the house, should you have a total loss? Secondly, do you get your own appraisal of replacement value, or do you only count on the carrier/adjustor and/or agent to calculate "replacement value" of your house? Last, do those of you that insure at less than 100% replacement value purchase "co-insurance" to avoid penalties for being underinsured? What's best practice in this case, or is there?
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Dawn Salerno
Executive Director
Rotch-Jones-Duff House and Garden Museum
New Bedford MA
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