The Most Valuable Protection You Can Buy – California Homeowner’s Insurance
Your home is probably your most valuable asset. For this reason, California homeowner’s insurance is arguably one of the most important insurance policies you can purchase. The main purpose of insurance is to protect you against losses you cannot afford. Few people have the financial resources to rebuild their homes.
In addition to protecting your home and possessions, homeowners insurance also provides liability coverage to protect you from financial ruin if someone is injured on your property and sues for damages. No matter if you own your home or condominium, or are a renter, coverage is essential to prevent loss of your valuable possessions and to provide money to rebuild or replace them should disaster strike.
Usually the only exceptions to coverage on a California home insurance policy are for floods, earthquakes, damages due to poor maintenance. However, there are comprehensive supplemental policies that you can get. A home is a huge investment of your time and money, make sure that it is adequately protected by an insurance agent that you can trust. Your home contains precious memories, don’t risk losing them. You can add to your homeowner’s policies to protect you from floods and earthquakes.
Tips for Keeping Your Rates Low
There are some simple steps you can take to reduce your homeowner’s premiums.
- Raise Your Deductible – A deductible is the amount you pay before the insurance starts to pay for your loss. Since the purpose of insurance is to pay for the losses you cannot afford, raise your deductible to a limit that you could handle in case of a loss.
- New Home – If your home is less than 10 years old, you may be eligible for a new home discount.
- Make Your Home Safer – You may be eligible for a discount if you have a burglar and fire alarms systems and/or sprinkler systems. Monitored systems will earn a bigger discount than unmonitored systems.
- Construction Material – When you buy a home, look for fire-resistant construction, such as brick, masonry or rock. You may pay a lower premium for hail-resistant roofs, such as those made of concrete tile, while wood roofs may bring a surcharge. Check the location of the nearest fire department, and avoid buying in flood prone areas. Non-Smoker Discounts
For more information, or to get a quote on your Homeowner’s Policy, give Remland Insurance a call at (714) 532-3341
