I am looking to purchase homeowners insurance on my homeIt has knob and tube wiring and a circuit breakerI was told that the knob and tube is a more recent version or wiring and not as bad as the older kindI am having difficulty finding an insurance company with reasonable rates, under $600.00.The home is valued at $90,000.The ONLY one I know of, is Foremost Insurance - and you\'re NOT going to be charged the same rates as a house with updated wiring I\'d suggest you make the wiring upgrade part of the sales deal, and make the old owner pay for it Keep in mind, knob tube wiring is 1950\'sAluminum wiring came after THAT - so the WIRING in your house, is pushing 70 years old - which means it CANNOT safely handle current household electrical draws There\'s not much older than knob and tube style Your idea of reasonable is what has to get adjusted - it\'s not reasonable for a house with 70 year old wiring, to be insurable at $90,000 for under $600Or $800 either, probably.Other related question