Buying a new (old) house. It has a fuse box. Questions inside.
March 6, 2014 1:02 PM Subscribe
I'm in the due diligence period of buying a house built in 1964. It's in Atlanta. The inspection yesterday went well, but the house has a fuse box and a breaker panel (the breaker handles AC and washer/dryer only). I know absolutely nothing about electric/wiring issues or systems.
posted by arm426 to Home & Garden (32 answers total) 2 users marked this as a favorite
The inspector said it was fine, but that having it updated to a breaker box would be good. The realtor told me some insurance companies wont insure a house with a fuse box. I've spoken with several large insurance companies and all seemed ok with the fuse box. I then spoke with a local insurance broker who scared the shit out of me. He told me he wouldn't personally buy a house with a fuse box, that it needs to be updated or no insurance company he knows of would insure me, or that if they did they'd be willingly ignoring it and would later deny me coverage. He also thinks all of the old wiring should be replaced.
Who do I believe? Who can I trust? Will a fuse box be able to handle my electronics (tvs, computers, speakers, videogame consoles, etc.)? What do I need to know? Please help me with any advice, opinions, explanations! Thanks!