Homeowners Insurance Roseville, CA

Thank you for taking a few minutes to read some basic
information regarding homeowners insurance. My name is Curtis Peterson and I’m
the owner of the agency Peterson & Grantham Insurance Brokers in Roseville,
CA.

I speak to about 20-30 potential clients each week regarding
quotes for their homeowners insurance in the Roseville, CA area. About 30% of
the people I speak to are in the process of purchasing a home and need homeowners
insurance for the financing of their home. The other 70% of clients already own
their homes and are looking to lower the cost of their homeowners insurance in
Roseville and the surrounding areas.

For the potential clients what are just looking to lower the
cost of their homeowners insurance I’m seeing a common theme which is about 80%
of clients I speaking to are underinsured on their homeowners insurance in
Roseville and the outlined areas.

There are a couple of reasons I believe these clients are
currently underinsured.  First of all,
the majority of insurance carriers these days don’t actually write the
homeowners insurance themselves. A lot of the big names you see these days
advertising auto insurance on TV don’t write home insurance in Roseville or
anywhere in California. These carriers are only interested in the auto
insurance and broker the homeowners insurance out to some no name company that
is usually not a the option. The majority of consumers are thinking they are
purchasing homeowners insurance from the same company who writes their auto
insurance, when in fact they have zero part in protecting the client if
something happens to the home. Many of these third party companies your auto
insurance carrier is writing your homeowners insurance with are not local and
don’t even have offices in Roseville or anywhere in California.

To make things worse your homeowners “dwelling coverage” is
usually 25% to 40% underinsured. This means if you have a complete loss you
will be unable to rebuild your home! On top of your homeowner’s insurance
policy providing inadequate coverage, the premium associated of this coverage
is usually 40% higher than our competing carriers which are (Mercury,
Allied, Travelers, Hartford, Kemper, CIG, CSE, Chubb, Fidelity, Fireman’s Fund,
MetLife, Foremost, and Safeco).

If you are like me you should be thinking, I’m getting less coverage and paying a 40%
higher premium and the company my homeowners insurance with is going to nickel and
dime me on every claim and try to deny any claim I have on my homeowners
insurance.

To wrap things up, why are these fly by night homeowners insurance carriers providing
so much less coverage for a higher premium? First of all, your auto insurance
company that is brokering your homeowners insurance to them wants to make money
on the deal as well and they company writing the business what’s to make their
home. Yes, too many hands in the pot. Also, could you imagine if they actually
insurance you correctly the premium would sky rocket even higher then you are paying
now! So, they underinsure you to bring down the cost and to give them a chance
at writing your business.
Peterson& Grantham Insurance Brokers

Curtis
Peterson/Owner

916-431-0413

www.png-insurance.com

CA License # 0F96366

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