California Home Owner's Insurance

Although Home Owner’s Insurance is not required by the state of California, it is becoming increasingly popular for mortgage companies to require Home Owner’s Insurance as part of their financial agreement.

So what does Home Owner’s Insurance cover exactly?

There are many options for insurance to cover your home and everyone has different needs. The basic California policy includes coverage options such as:
-    structure of the home
-    replacement cost
-    personal possessions (up to a set limit)
-    living expenses in case of disaster
-    liability

There are also additional lines that can be added to a customized policy. Additional lines typically include:
-    Valuable Articles/Floater policies (i.e. Jewelry Insurance)
-    Flood policies
-    Earthquake policies
-    Umbrella policies (additional liability)
-    Animal Liability (liability issues due to household pets)

All of these can be extremely important given the area in which you live. Along the Central Coast of California and within the San Francisco Bay Area, Earthquake and Flood policies can be extremely beneficial.

Earthquakes are on the rise around the world. As the LA Times reported, California may be entering into a more active period for Earthquakes (see LA Times for the full story). For California residents, Flood policies may not seem as relevant as Earthquake policies. However, a majority of California floods are a result of levee floods, snowmelt and excess rainfall, which are common in California.

Fortunately, at Harrington Insurance Agency, we are able to check with multiple companies to ensure you get the coverage you need at the best price.