Your home is one of the most valuable investments and possessions in your life, so you want it to be protected. The best and the most efficient way to do that is to purchase home insurance. The purpose of home insurance is to cover your home itself, you as a homeowner, and your personal belongings.
Valley Center Insurance Agency prepared a list of things you should know about this type of insurance in California:
The state does not require carrying home insurance. However, most mortgage lenders do, meaning that you will not be approved for a loan without home insurance.
Here are the things covered by a standard home insurance policy: dwelling, personal belongings (with a specific limit), additional living expenses (in case if a home is being repaired, and a homeowner has to stay somewhere else), other structures that belong to the property, personal liability, and medical expenses (medical bills from minor injuries received on the property).
Certain things are not covered by standard home insurance. They are earthquake and water damage, maintenance issues, and other exclusion (for example, damage caused by a nuclear hazard or war is not covered).
If you are a homeowner from the Golden State and shopping for home insurance to protect your property and yourself, Valley Center Insurance Agency is ready to help you. The mission of our insurance agency is to help you prevent financial losses. Therefore, we will do our best to find a perfect insurance plan for you. If you have any questions about home insurance or need more information, feel free to give us a call.