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.
Best Rental Property Insurance in California
Rental properties are one of the best investment assets one can have. Making sure you have the proper rental property insurance in place is critical in protecting such a large asset. This will provide peace of mind for any landlord. The rental property insurance marketplace offers numerous insurance providers—all offering the ‘Best Rental Property Insurance in California.’ It is hard to evaluate between them unless we know few basic concepts. This article touches upon the idea of residential homeowners insurance for rental properties, which keeps you a step ahead in this industry.
Best Commercial Property Insurance in California
Commercial property insurance is generally part of a Business Owners Policy (BOP). No matter if you are an apartment complex owner, starting your own business, or have a well-established business running for years—knowing the intricacies of commercial property insurance can help you choose the best carrier in the market.
California Residents – What You Need to Know About Life Insurance
Having the right life insurance is pivotal in planning for the future of you and your loved ones. Life insurance can help you fulfill promises you’ve made your family when you are gone.
Don’t leave the future of you and your loved ones to chance. Don Williams & Associates can help you find the right life insurance coverage for you, and help ensure that your policy continually meets your needs.
What you should know about flood insurance
You’ve probably heard this horror story before — someone loses a home due to a flood and learns after the fact that standard homeowners insurance doesn’t cover flood damage.
At Don Williams & Associates, we want you to be educated about all of the risks you may face – before a loss occurs – so you can determine what insurance coverage is appropriate. Spring is a prime season for flooding, so now is a good time to review your options.
Making a Case for a Fire-Wise Landscape
You’ve heard all about the record dry weather across the country, and you’ve probably heard about the increased threat of wildfires, too. But, have you considered the fire risk of your own landscaping here in Los Gatos?
4 Things to Consider When Insuring a Second Home
Everyone loves vacation. But, vacationing in your own seasonal home? Even better.
Clients often think they don’t need renters insurance — “Nothing I have is worth that much,” they’ll say, or “I don’t have a lot of stuff.” That’s how most people think of renter’s coverage: protection for stuff, and nothing more. Well, when you consider how cheap tenant insurance is, it makes it a no brainer to purchase. So how important can it be, especially if you don’t think you have anything valuable to protect?
Home Insurance in High Fire Risk Areas
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 California’s modern history. The result, home insurance in high fire risk areas has now become extremely difficult for properties owner to obtain.
5 of the 6 largest wildfires in Californias history occurred just in 2020. What does this mean for homeowners in California? As mentioned in a previous article, hundreds of thousands of homeowners have had their homeowners insurance non-renewed or canceled as a result of the recent fire seasons. The aftermath of the 2020 fire season will most likely lead to a significant increase in homeowners facing the exact same problem.