If you’ve just bought your first home, you’ve likely been exposed to the complicated and fast-paced world of real estate. Luckily for you, securing the right homeowners insurance policy doesn’t have to be nearly as stressful. If you’re new to buying home insurance in California, here are the basics you may need to know.
One of the most important things to note is that you should know exactly what is covered under your policy, along with the policy limit. It’s not difficult to become under insured, but that’s where the experts come in. A reliable and reputable insurance agent can help you go over your assets and determine the coverage amounts you need in each area. They should also be able to go over things like flood insurance, which isn’t included in a typical policy.
A basic home insurance policy likely includes coverage for personal liability, personal contents, additional living expenses, dwelling coverage and coverage for other structures, like the shed in your back yard, or the detached garage you built right after you moved in. These areas of coverage can help you protect your home and belongings in case of damage, as well as pay for legal costs if someone is injured on your property. If you still have questions about home insurance, California has plenty of quality insurance agencies ready to help you.