Home Insurance

Home Insurance

The Facts About California Home Insurance

California Home Insurance Options from Michael Comer Agency

California law does not require the possession of a homeowner's insurance policy, but lenders require coverage when a home is still financed. At the Michael Comer Agency, we provide a variety of insurance packages, including customizable home insurance options. We can help identify the base level of coverage you need in the Golden State and then review any necessary add-ons to your policy.

Base home insurance coverage

At the Michael Comer Agency, we match you with the best policy by assessing base coverage needs for your structure. When you have a financial reserve, actual cash value coverage is an option. It provides you with the value of your assets less depreciation expense. A replacement cost policy will allow you to replace the property up to a maximum dollar amount while extended replacement cost options provide the same while taking into account price hikes for materials or construction costs, an important consideration in a high-cost state.

Covering California disasters

Basic homeowner's insurance policies include coverage for wildfires, but in a high-risk location, the coverage can also carry additional requirements. Wildfires, however, are only one natural disaster in California. Another major disaster — the earthquake — is an add-on to the traditional home policy.

Protecting personal belongings

In addition to protecting the home itself, insurance policies often cover personal belongings up to a set dollar amount of value. Homeowners can kick up the coverage amount with a floater. Choices also include opting for replacement cost insurance for items or actual cash value coverage which pays the value less depreciation — the default option without a customized plan.

At the Michael Comer Agency, we can review all of your needs and develop a personalized insurance package for your home including additional coverage for earthquakes. Stop by or call today to get started. You can also use our free online rating tool to obtain a quote.