I'm looking to buy home owner's insurance for my house. It is in the New Center area of Detroit. I would say the value of the home is around $50-60K. I went onto the Liberty Mutual site, and put in a replacement cost of $40K, and it gave me a quote of $672/year or $56/month. I called and they said a replacement cost would be $130K+ [[the cost of rebuilding the house). And that quote was $90ish a month. I called my [[auto) insurance agent. She said that home owner's insurance for my house would be around $150/month. That is the quote that most brick-and-mortar places are saying.

I'm tempted to buy the cheap insurance through Liberty Mutual, but don't want to get screwed if anything were to happen because of such a low replacement cost. What do you guys think?

Anyways guys and gals, please post who you have insurance from and what you are paying monthly, annually or semiannually.

Thanks.

-Tahleel