The California Fair Plan provides fire insurance coverage for high risk properties that traditional insurance carriers will not insure. California has been devastated with wildfires these past five years, causing a majority of insurance companies to pull back from insuring high wildfire risk properties. Many Californians have had to turn to the Fair Plan as the only option for homeowners insurance.
If you are one of the many California residents who owns a rental property this article is just for you. Rental properties are a great way to bring in extra income, but it is critical you have the right landlord insurance policy in place to protect your rental property.
Whether you’re working on a remodel or building a new home from the ground up, it is important to understand what type of insurance policy you need in place to protect your home. A builders risk policy, also known as a course of construction policy, covers the costs of repairing your home and can cover any building materials.
Looking for homeowners insurance in Sacramento, Ca usually means looking for the best combination of coverage and price. Whether you live in the north, east, west, or south part of Sacramento, you deserve the most competitive rate possible.
What is Landlord Insurance?
Landlord building insurance provides building and liability coverage to protect landlords from any damages or injuries that happen related to the property. Landlord insurance policies typically do not provide coverage for personal contents in the property, unless the landlord has personally furnished the home and is wanting coverage for those specific items.
Understanding the factors that impact the cost of your apartment complex insurance can be complicated. The location of the property, size of the building, and amount of coverage needed to insure the building all impact the pricing of apartment complex insurance.
Because of how complex commercial insurance for apartment buildings can be it is important to have an experienced broker. Don Williams & Associates, Inc. can help, call us today at 408-402-3646.
If you’re like most homeowners, your home is your most valuable asset. In order to protect that asset, you go through the process of purchasing homeowners insurance. For some customers, it can be confusing trying to sort what is and is not covered and how much coverage you have for your home and all of your personal belongings. Dwelling coverage provides coverage for your home(main house) and any structures that are attached to the home(deck, garage, etc.).
Workers Compensation Insurance is one of the most important types of insurance for any California business owner to have. Not only is it important, but it is required for any California business that has employees. How are rates calculated? How much is workers compensation insurance? How do I keep my workers compensation insurance costs down?
We answer all of those common questions below. To get an understanding of the cost of workers compensation insurance, business owners need to understand how their workers compensation insurance rates are calculated.
A common question we get all the time is “does California homeowners insurance cover water damage”? For California homeowners, one of the most common insurance claims is water damage. Some of the common culprits include leaky appliances, burst pipes, HVAC issues, water heater failure, etc. The average cost of a water damage claim is $9,633 and on averages takes up to 4 days to mitigate and dry out a home.
The most common question our office has heard this past year has been “Does Homeowners Insurance Cover Wildfires”? Homeowners Insurance in California does cover damage to your home in the event of a wildfire. A standard homeowners policy, also known as an HO-3, provides coverage for certain perils, including fire.
For California homeowners, wildfires have unfortunately been a major problem these past 4 years. The 2020 fire season in California resulted in a year of record-setting wildfires that burned across the entire state. With over 9,600 fires and 4 million acres burned, 2020 ended as the largest wildfire season in Californias modern history.