Archive for July, 2013

Homeowners Insurance Roseville, CATuesday, July 2nd, 2013

How to Determine Homeowner Insurance Coverage in Roseville, CA

When you shop for homeowner insurance coverage, you want to ensure you know how to shop for the coverage. It is essential that you have the right level of homeowners insurance as this is your financial safety net in protecting your home and assets. Homeowners insurance is designed to protect your home and your personal belongings from damage or loss that result due to fire, flood, or other types of accidents or natural disasters.

Homeowners insurance is necessary to protect your home and personal belongings from damage or loss. It is also mandated by law. You’ll find when purchasing a new home, it is likely you’ll need insurance to purchase the home.

Your homeowners insurance should be considered a financial safety net, and one that is not overlooked. You’ve worked hard to earn the money to purchase your home, and home insurance does protect that investment. Let’s take a look at how easy it is today to obtain homeowner insurance coverage quotes.

How to Determine Homeowner Insurance Coverage

Step One

The first step in determining homeowner insurance coverage is to understand what a standard homeowner policy does and doesn’t cover. Policies called “All Risk” policies are the most popular type of insurance coverage because they cover the largest number of risks, windstorm, fire, and freezing, but excludes damage that results from earthquakes and floods.

Step Two

Determine your need for additional insurance coverage for disasters like hurricanes, tornadoes, earthquakes and floods. If you live in a high-risk area, this additional coverage should not be overlooked.

Step Three

Determine what type of policy you need. There will be different types of insurance for different dwellings and replacement cost coverage and actual cash value coverage. The actual cash value coverage is the actual replacement cost of structures and personal belongings.

Step Four

Determine the cost to rebuild your home, should it be lost in a disaster. Take into consideration the features of the home. Are there upgrades or other expensive features? The value of the home is the amount your insurance provider will insure the home for. This is not the current market value or even the purchase price.

Step Five

Determine the value of your personal belongings. You should have a video or photographs of all the items.

Step Six

Determine how much personal liability coverage you will need. Personal liability is generally an add-on to your insurance policy. Personal liability protects you, should someone on your property injure himself. The basic coverage is typically $100K, but most insurance agents will suggest higher coverage amounts.

Step Seven

Talk to the insurance company to discuss whether you are eligible for any discounts on your home insurance coverage.

Step Eight

Determine the amount of deductible you can afford.
Peterson & Grantham Insurance is California’s largest network of insurance brokers, providing consumers with homeowners insurance in Rockling, Lincoln, El Dorado Hills, and all other areas within California. To obtain free quotes from leaders within the industry, just visit our site and complete the “Free Quote” form.

Homeowners Insurance Folsom, CATuesday, July 2nd, 2013

How to Get Homeowners Insurance Quotes in Folsom

Homeowners insurance is designed to protect your home against damage from accidents and/or natural disasters. In today’s insurance world, the Internet has become one of the most convenient means to shop for homeowners insurance. All in all, the process can still be confusing as there are many different types of homeowner insurance policies in Folsom and many different companies. Homeowner insurance quotes n Folsom allow you to shop and compare different policies from different providers. Let’s take a look at the process to obtain homeowner insurance quotes in Folsom.

How to Get Homeowner Insurance Quotes in Folsom

There are two ways to obtain insurance quotes. First, you can contact good old-fashioned, brick-and-mortar insurance companies local in your area. This can be done either in person or via telephone. The second is to access the Internet. Accessing the Internet is by far the most convenient means of the two. Once online, simply visit an insurance company like Peterson & Grantham to obtain free insurance quotes on homeowners insurance in Folsom.
When shopping for homeowners insurance in Folsom, also ask friends and family members for referrals of companies they are happy with. You can also check with your state’s insurance department.

What to Look for on a Homeowner Insurance Policy in Folsom

Dwelling

Homeowners insurance does not cover earthquake or flood damage. If the area you live in is high-risk, you will need to purchase a separate insurance policy for any type of coverage you may need. A standard homeowner insurance policy will protect homeowners from fire, hail, riot, smoke, vehicles, aircraft, explosion, snow, objects, theft, wind damage, or loss.
When you purchase your insurance policy in Folsom, be sure to purchase a guaranteed replacement cost policy, which is greater protection for your property and your belongings. The reason to opt for guaranteed replacement cost is simple. If your home is destroyed in a fire or other disaster, and the cost and your policy are for $100K, but your home costs $125K to rebuild, then you don’t have any guarantee that your insurance company will pay for the additional $25K.

Personal Belongings

Home insurance policies normally cover your personal belongings, as well. In most policies, up to 40 percent of the total policy accounts for your personal assets. Policies may have a maximum amount of coverage per item. For instance, jewelry coverage may be a few thousand dollars. If you would like more coverage, you can then purchase an endorsement, which will increase the coverage.

Liability

Liability is also something that many home insurance policies have. Liability coverage is something that will protect you should someone become injured on your property. For instance, if someone slips on the driveway right after a rain, you will be protected should they decide to pursue a lawsuit. Liability is definitely something that each homeowner should have.

Peterson & Grantham offers homeowner insurance in Folsom at affordable rates.

Homeowners Insurance El Dorado Hills, CATuesday, July 2nd, 2013

Can a Roommate be an Insurance Problem in El Dorado Hills?

With tough economic times, more homeowners have invited someone to live with them in their home to cut costs. Before you rent a room, you need to check with your home insurance policy to make sure everyone has proper insurance coverage because with one wrong move, and there could be trouble.

Roommates and Homeowners Insurance

There are many insurance providers out there that won’t write an insurance policy in El Dorado Hills for a homeowner who rents out a few of the bedrooms in a home. In a case where the insurance provider won’t write a policy because of multiple renters, a dwelling fire insurance policy will be required. This is a type of coverage that covers specific things like damage from fire or lightning, but won’t cover the contents of the home in case of a theft. This doesn’t mean that you can’t get a policy that covers personal belongings in the home, it just means you will have to get a separate policy for the coverage.
One Roommate and Homeowners Insurance

In a case of renting only one room out in your home, chances are your homeowners insurance in El Dorado Hills will not be affected. However, you need to be aware that having a roommate/renter can expose you to some liability risks. For instance, if the person who lives with you owns a dog that bites someone, then you may be liable. California insurance has its own set of insurance laws, and each insurance company has its own policy language. Therefore, it is important to talk to your insurance agent in El Dorado Hills, and make them aware of the situation before you invite someone to live with you. Your insurance agent in El Dorado Hills will be able to inform you of your insurance options.

Need for Renters Insurance

When your roommate moves in, you will want to ensure the tenant purchases renters insurance. The importance of renters insurance is to ensure a tenant’s personal belongings are covered. If damage to your home and/or the personal belongings inside the home occurs, or if a thief breaks in and steals the valuables within the home, your homeowners insurance policy does not cover your renter’s personal belongings.
Renters insurance will cover your roommate’s possessions and any liability he or she might incur on the property.
Prior to renting out a room, you should make the tenant aware of the importance of renters insurance. Many landlords/landladies make renters insurance mandatory, which is something that you may want to consider as a pre-requisite.

Peterson & Grantham

Peterson & Grantham is California’s largest network of insurance brokers. With the strong relations we’ve formed in the industry, we are able to offer policies up to 30 percent off market value. Aside from exceptional insurance policies at affordable rates, we also have an extensive network of first-rate insurance agents that specialize in homeowners insurance in El Dorado Hills. Our agents are experienced and dedicated to ensuring that our customers have the advice, guidance, and support required to help with insurance needs. Contact us today with any questions or concerns; we are here and happy to assist you with your needs.

Homeowners Insurance Rocklin, CATuesday, July 2nd, 2013

How to Find a Good Insurance Agent in Rocklin, California

The Internet offers consumers a tremendous advantage in purchasing insurance. Shopping for insurance on the Net means convenience, affordability, and no high-pressure sales person. However, there are still consumers who prefer to go the old “brick and mortar” route, and for these consumers, it is important to know how to find a good insurance agent in Rocklin. Let’s take a look at how to shop for an insurance agent, and remember, even when purchasing a policy over the Internet, you do have the advantage of an insurance agent, you just don’t have the advantage of choosing the agent.

How to Find a Good Insurance Agent

No two insurance agents are alike, and when you shop for an insurance agent for your homeowners insurance in Rocklin, you want to be sure to find an agent that does more than just sells you a policy. You want someone that has a great deal of experience, or expertise in the insurance industry.

Step One

Ask Someone You Trust to Suggest a Local Agent in Rocklin
Word of mouth has always been one of the most trusted forms of advertising. When someone finds a good agent, they will share his/her information with friends and family members when asked. Ask your friends and family if they know of a good agent they are happy with. Your referrals should be of agents that are close to home and agents who are qualified.

Step Two

Interview All Prospective Insurance Agents
When you have the names of two or three Rocklin insurance agents you think might be a good choice in an insurance agent, then it is time to interview the agents. Interviewing can be difficult, and it is important that you don’t get discouraged. Ask the agents about specifics, discuss your needs and situations and listen to their advice. Don’t be gun shy. Ask plenty of questions. You should be comfortable with the agent and the agent should be someone you are able to trust. If the agent comes across as simply “wanting to sell you a policy” then go elsewhere.

Step Three

Find an Insurance Expert
When you shop for agents, shop agents who are true insurance experts. There are advantages to an expert, such as helping you determine your needs and guiding you through the process of filling out a claim so you get paid top dollar for your claim.

Step Four

Check-out the Background of the Insurance Agent

Always be sure to confirm the agent’s licensing is current and meets state requirements. Ask for a copy of the agent’s license. Also get in touch with the Better Business Bureau to find out if there are any complaints filed against the agent.
Peterson & Grantham is California’s most extensive network of insurance brokers, serving Rocklin homeowners with home insurance needs. To speak with an insurance agent please call 916-431-0400 or 800-652-0557 or to obtain free quotes on affordable home insurance in Rocklin, please visit our site. We are experts in the insurance industry, offering homeowners insurance at affordable prices.

Homeowners Insurance Lincoln, CATuesday, July 2nd, 2013

Homeowners Insurance in Lincoln- Why the Need?

Homeowners insurance is not only a financial security that should be purchased, but the law also mandates it. No home is invincible, as there are many threats that can damage a home and the belongings within it. When damage results to a home, a property owner can be sent into a costly world of repairing and replacing, and sometimes rebuilding. Homeowners insurance in Lincoln ensures you have coverage for accidents and even natural disasters.

Reasons to Purchase Homeowners Insurance

There are many different reasons to get homeowners insurance in Lincoln, aside from the fact that you likely won’t be able to purchase a home without it and that it is mandated by law. There are strange weather disturbances occurring more frequently around the world. It is not unusual to open the paper and read about a terrible storm, flood, or earthquake that has taken the lives of thousands and left behind a terrible aftermath of the destruction. Crime is also a consideration. One home theft can result in a total loss of your belongings. Homeowners insurance covers threats like fire, flood, accidents, and other unfortunate events.

Understanding Homeowners Insurance Policies

Homeowners’ policies will be different. You’ll find that some cover all kinds of possible damage. Others may only cover specific kinds of damage. For instance, you may be offered one policy that covers fire damage but not earthquake or flood damage. Many policies will require an additional cost to have added coverage of specific types of threats such as earthquake or flood. You’ll also find that not all policies include coverage on personal belongings, or you may be quoted a policy that only covers personal belongings. It is important to be aware of all the coverage and exclusions of the policy. If you have questions regarding an insurance policy, it is essential to speak with an insurance expert. The first step is to shop around to obtain quotes.

How to Obtain Insurance Quotes

There are three ways to obtain an insurance quote. The first is to visit the insurance provider in person and ask for homeowner insurance quotes. The second is to call different insurance providers over the phone. The third is to access the Internet and visit an insurance website that offers free insurance quotes. Of the three, accessing the Internet for insurance quotes is by far the most convenient. Quotes will be sent directly to your email box, or you will be directed to a separate page where the insurance quotes are displayed.
Obtaining homeowners insurance in Lincoln can be a stressful event in itself. If you have started to shop for homeowners insurance, you understand just how difficult it can be. At Peterson & Grantham we take the hassle out of finding the right insurance policy. We are California’s largest network of insurance providers, offering free home insurance quotes for Lincoln property owners from multiple insurance brokers, as well as having plenty of insurance agents and brokers standing by to help assist and support you with your insurance purchase.