Why it’s Important to Have a Reliable Home Insurance Policy?

1. Why it’s Important to Have a Reliable Home Insurance Policy?

2. What is Home Insurance? Home Insurance, also known as homeowners’ insurance is a type of property insurance that protects an individual’s home and possessions against loss or damage by lightning, theft, fire, smoke, flood, etc. Homeowners’ insurance also provides liability coverage against accidents in the home or on the property.

3. What All It Includes? A standard homeowners’ insurance policy includes the following coverages: • Dwelling coverage • Contents coverage • Personal liability coverage Dwelling coverage provides protection for the structure of your home, including the floors, walls, ceilings, and can help you rebuild your home in the event of a total loss (up to your policy limit). Contents coverage covers the possessions in your home, including furniture, books, television, and your clothing. It protects your belongings from theft, and damage from fire and flood. Personal liability coverage within your homeowners’ policy provides coverage for bodily injury or property damage compensation claims made against you by a third party.

4. How Much Does it Cost? The cost of homeowners’ insurance depends on a number of factors including: • Location • Your home’s value • Your home’s age • Your insurance history • Credit

5. Types of Home Insurance Whether you’re buying your first home insurance policy or updating your current one, knowing the basics of homeowners’ insurance coverage is the key. So, before making an informed decision, it is always necessary to make yourself familiar with the different types of home insurance available to you.

6. Basically, there are three types of home insurance to choose from: • Comprehensive: protects you against all types of loss except those caused due to wear and tear, earthquake, landslide, acts of terrorism, war, etc. • Named Perils: covers perils (i.e. a cause for loss or damage) that have been specifically stated in the policy. • Broad Form: provides comprehensive protection for your home, and named perils protection for your personal property.

7. Tips for Choosing Home Insurance Choosing the right homeowners’ insurance policy may seem like an exhausting process. The thought of contacting insurance agents and exploring different insurance plans can not only be a scary experience, but incredibly overwhelming. So, keep these tips in mind to make sure you choose the right home insurance policy for your needs. • Know your insurance limits • Decide how much coverage you need • Understand policy details • Consult with a reliable insurance agent • Do not skip on liability coverage • Choose the right deductible

8. Let Us Help You Choose the Right Home Insurance Policy for Your Needs Investing in the right home insurance policy will provide you peace of mind and the money you need to keep your home and assets covered in case of any calamity.

9. Your homeowners’ insurance should be unique to your home and your needs. Contact Nikki Kardar to ensure that you have the right home insurance policy in Yorba Linda, CA. To know more about what home insurance policies cover, visit http://nikkikardarinsurance.com/ If you prefer to talk to us in person, just give us a call at (818) 264-3344 You can also find us on Facebook Twitter Google Plus