Hello Dan The Real - Real Estate New You Can Use..
Is this email not displaying correctly?
View it in your browser .
HomeViewers.com ProbatePropertyAsst What Is My Home Worth?
Share Save

6 Insurance Policies All Homeowners Should Consider


Your home is one of the biggest investments you will ever make, so you should do everything in your power to protect it. You spent time and money on making your home beautiful, and the last thing you'd want is for disaster to strike with no insurance to cover the cost of damages. Having the right insurance policies can help you avoid paying out of pocket for these big-time repairs. 

If you are a homeowner, you should look into these six insurance policies.
Flood insurance
Many homeowners assume that damage from flooding is covered by homeowners insurance, but this applies only when the flooding is caused by a busted pipe or other similar unnatural causes. If your home floods because of a flash flood, a rainstorm or a river overflowing, you will need flood insurance to cover the cost of the damage.
Homeowners/renters insurance
If a tornado or a fire damages your home and your belongings, homeowners insurance will cover both your home and your material possessions. Make sure to write down a list of all the items in your home and take photos of them in the event that you need to make a claim. If you have homeowners insurance, make sure that you have guaranteed replacement cost.
Earthquake insurance
This is location-specific risk coverage that you may or may not or cannot take. If you live in a place where there are multiple earthquakes, like California, then you will want to protect your home by having earthquake insurance, because standard homeowners insurance will not cover the damages.
Personal umbrella policy
This is an inexpensive and important form of insurance coverage for when your standard insurance policies have hit their maximums. You can protect your home from potential hazards for little money in premiums.
Sinkhole insurance
If you live in Florida, you may be very familiar with sinkholes. There are also occasionally sinkholes in Kentucky, Ohio, Michigan, Tennessee and Pennsylvania. Your basic homeowners insurance won't cover damages caused by sinkholes. You will need to purchase separate coverage to take care of these issues.
Fire insurance
Fire insurance will cover the cost of repairing or rebuilding structures that have been destroyed or damaged by fire. Your fire insurance will have four different components: dwelling, other structures, loss of use and personal property. Fire insurance may also protect you if a fire originating in your home causes damage to surrounding homes. If you live in an area that is at high risk for wildfires, you will want to have this coverage.

Share Save

Your Comments

Dan The Real Estate Man
Dan The Real Estate Man
(562) 618-4993
Century 21 Classic Estates
13217 South St.
Cerritos, CA 90703
Friend Me on Facebook
Follow Me on Twitter
Connect with me on LinkedIn
Saved Articles
Comments and Feedback
Refer A Friend
Your Privacy
The information provided in this email newsletter is for general guidance only, and does not constitute the provision of legal advice, tax and accounting advice, real estate investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional real estate, tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Home value estimate calculators provided herein are general estimations based on publicly available data and should not be used as a substitute for a professional appraisal. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
Powered by
Copyright © HomeActions, LLC All rights reserved.

This email was sent to: dansellsrealestate@gmail.com

Mailing address: