Homeowners Insurance

Your home isn’t just the structure you see from the road. Inside those doors are possessions and valuable items that make that structure your home, and those items need protection as well. And, homeowners insurance doesn’t just apply to those who own a house. If you own a condominium or rent an apartment, you can buy insurance that is specifically designed for your circumstances.

Do I have enough insurance coverage on my home to protect me even if it burns to the ground? What happens if there’s a flood? You know there’s a lot of talk today about mold. Does my homeowners insurance policy cover that? Why not let our experienced staff answer your questions? We’re here to help, just call or email one of our staff with your property insurance questions.

For most of us our house is our biggest investment.  Are you sure that you are covered for the current costs of rebuilding should you suffer a total loss?  Please let us give you a no obligation review of your current homeowners insurance policy. We will ensure that you are getting the proper insurance coverage at the most affordable rates.  Call today at : 650-349-1803

Standard Homeowners Insurance Policy:

 Please note the following is a basic description of the coverages for a typical Homeowners insurance policy. It is by no means a complete representation of coverages afforded by a particular policy. For a complete description, you would need to read your policy.

What Is Covered

Standard home insurance coverage policies provide the following types of coverage, up to the limits outlined in the policies:

• Coverage A: Dwelling — Pays for damage or destruction to your house due to insured perils.
• Coverage B: Other Structures—  An extension of coverage A which includes any unattached structures and buildings, such as fences, detached garages, and storage sheds.
• Coverage C: Unscheduled Personal Property — Covers the contents of your house, including furniture, clothing and appliances, if they are stolen, damaged, or destroyed.
• Coverage D: Loss of Use — Pays for additional living expenses if your home is too damaged to live in during repairs. Most standard home insurance coverage pays 10 to 20 percent of the amount of your dwelling coverage.
• Coverage E: Personal Liability — Protects you against financial loss if you are sued and found legally responsible for someone else’s injury or property damage.
• Coverage F: Medical Payments — Covers medical bills for people hurt on your property. Medical Payments coverage also pays for some injuries that may happen away from your home, such as if your dog bites someone.

 You also may purchase the following optional home insurance coverages:

• Guaranteed Replacement Cost — Provides the most complete coverage for your home. Your home insurance company requires you to meet specific underwriting rules and conditions to qualify for this coverage. For instance, you may need to increase your home insurance amount on a monthly, quarterly or yearly basis to keep up with the inflation rate.
• Inflation Guard Endorsement — Automatically adjusts your home insurance limits during your policy period so they are at 80 percent or more of your home’s replacement cost, which is the amount most home insurance companies require you to have. This coverage is beneficial if your home’s replacement cost is increasing with inflation.
• Scheduled Personal Property Endorsement — Also called a personal article floater. Most policies will limit coverage for high value items such as jewelry, furs, rugs, stamp & coin collections, bicycles, computers, guns & antiques, etc., With this coverage, possessions are covered where each article is itemized and detailed in the floater, and excluded perils also are outlined. Personal article floaters often do not have deductibles.
• Increased Limits on Money and Securities — Increases coverage amounts for money, bank notes, securities, deeds and more.
• Secondary Residence Premises Endorsement — Covers a secondary residence, such as a summer home. Insurance for secondary homes is not automatically provided by the home insurance policy you have for your primary or principal residence, so it’s important to consider this endorsement if you own more than one home.
• Watercraft Endorsement — Expands personal liability and medical payments coverage for small sailboats and outboard motor boats only.
• Theft Coverage Protection Endorsement — If items from your motor vehicle, trailer or watercraft are stolen, theft coverage protection broadens theft coverage without requiring proof of forcible entry.
• Credit Card Forgery and Depositors Forgery Coverage Endorsement — Coverage applies if your credit cards are lost, stolen or used without permission, or if someone forges a check, draft, promissory note, etc. Certain restrictions apply and are noted in your home insurance policy.

 What Isn’t Covered

 A standard homeowners policy generally does not protect you from:

• Flood, Earthquake, Nuclear Accident and War — To protect against unforeseen and uncontrollable events like these, you can purchase additional hazard insurance either through your home insurance policy or different carriers. Please contact us for details.