What is Home Insurance?
Home insurance is a type of property insurance that covers a private residence.
Home Insurance rates vary significantly in California. The two biggest factors are location and prior insurance claims. If your home is located close to a "high brush fire area" chances are you are paying more than average for your home insurance. However, it depends on the insurance company. I have found some are much cheaper than others. Every company has guidelines. Many are very strict and few are broad. We shop them all because there is clearly a difference.
The other factors that impact the rates of your home insurance are claims like thefts, fires and most commonly water losses. Water leaks in the slabs, broken water lines to appliances and leaking water heaters account for a majority of water claims.
Most companies look back three to five years on prior claims. Rates change yearly with a majority of companies. We shop our current clients polices annually to make sure they are getting the lowest rates in the market.
It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory.
Typical Home Insurance Coverages
Section I — Property Coverages
2413 Lapis Rd.
Carlsbad, CA 92009
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