If you are a homeowner, you understand how important home insurance is. However, choosing the right insurance policy might not be easy, especially if you are doing it for the first time. Therefore, before you purchase a certain insurance plan to protect your property, there are certain things you need to know:
Are you searching for home insurance to protect your property and yourself in the state of California? United Premier Insurance Agency is a reliable and trustworthy insurance company ready to help you. Our qualified and knowledgeable insurance agents will help you find a policy based on your personal needs and answer your questions. Feel free to visit our office or give us a call - we are always here for you.
California is a hot real estate market, and breaking into it can be challenging. In many cases, condos are a good option for taking this first step. Condos also allow you to let someone else worry about maintenance, which for busy people can make a huge difference. We bring our expertise to the California condo insurance market at United Premier Insurance Agency. As independent insurance agents, we work for our customers to find the best insurance at the best price.
Condo insurance is similar to home insurance in some ways. It includes most of the same types of coverage, but because many of the amenities and areas of a condo complex are shared, the insurance requirements are different. In California, HO6 is condo insurance coverage. The state does not require it in California, but if you have a mortgage on your condo, your lender will require it, and some condo associations may also require that you show proof of insurance yearly.
The HOA covers the shared areas of the condos and the exterior. That means that you, as a condo owner, will cover the interior, the content, liability coverage, and loss of use. Read your condo covenant to determine where your interior coverage begins. This way, you will get the correct policy to provide the coverage you need.
For your content, you have a choice. You can choose to insure the value of your content now or what it would cost to replace it. It is a fine line, but it does make a difference in the premium. Liability for a condo owner is coverage within your unit or away from the property. The HOA also has liability coverage for common areas and the exterior.
Loss of use is valuable coverage that will help pay for a place to stay if your unit is damaged and you can't live in it. Give us a call or stop by at United Premier Insurance Agency to discuss your California condo insurance.
California is the largest state in the US by population and has the second-largest monthly median rental costs. Cities like Los Angeles, San Francisco, San Diego, and San Jose have booming rental markets due to high business activity and tourism.
Suppose you are looking to rent in California. In that case, you should consider purchasing renters’ insurance to avoid any excess costs if items in your property get stolen or if your property is damaged.
Renters insurance provides you with an extra line of defense from unforeseen situations that may cause damage to your rental property or guests inside. An experienced insurance broker from United Premier Insurance Agency will find you a policy that meets all your coverage requirements and needs. Individuals who live in cities or areas with a higher risk of crime or damage due to natural disasters may pay higher monthly premiums.
Brokers work with insurance companies to lower premiums, increase coverage options, and increase policy limits. However, depending on your budget, not all policies cover the same things.
A renter’s insurance policy typically covers the following:
California landlords have the right to require renters’ insurance for all their tenants. However, public and federally-subsidized housing often does not have this requirement.
Landlords require tenants to have renters’ insurance to mitigate the risk of losing rental payments due to unforeseen circumstances. If you are currently looking for an apartment, a section in your leasing contract will further designate the kinds of policies that are acceptable.
United Premier Insurance Agency works with you to find the best renters’ policies from local and national insurance companies. We have many years of experience working within the local California market.
Call us, visit us in person, or contact us online to protect your property from outside risk.
