How Much Homeowners Insurance in Orange, CA Should I Purchase?
In the event your home suffers damage or theft, you’re going to need the protection of a proper homeowners insurance policy.
Homeowners insurance covers more than just your home should it suffer damage because of a disaster—it also protects your belongings, savings, and more! As you may have noticed, every home is unique and different. The structure of homes may be similar, but it’s what lies inside that gives it its own glimmer of individuality. Much like how we’re made of the same molecules, our personalities define each and every one of us. (For the sake of metaphor, let’s abstain from remembering the minute differences and mutations in our DNA.) To protect your home, and all of your things that define your home as yours, you need to know how much homeowners insurance in Orange, CA you have to purchase.
Knowing the value of your belongings.
There are two main factors to consider when calculating the amount of homeowners insurance you need: the cost it would take to completely rebuild your home and the amount of all of your belongings.
- How much would it cost to build your home? Your first assumption may be to just insure it for the market value of your home. This is a faulty way of thinking. If your home were to be completely destroyed, you have to factor in costs like removing debris, purchasing raw materials, and everything else that goes with building a new home.
- What’s the cost of all your things? Take an inventory of all your things. This way, you can prove to your insurance company that you actually owned the things you said you owned. Taking photographs is a great way of providing evidence.
A quality home insurance policy covers your home against fire, storm, smoke, theft, vandalism, and a number of other damages. Call Remland Insurance today for additional safety information or to update your California home insurance policy – 714.532.3341
