Homeowners Insurance Giving You A Headache?

Living in high fire risk areas in Southern California?

Finding home insurance can be tough. We have some resources that can help!

1) First Tip: Visit https://www.insurance.ca.gov/01-consumers/105-type/5-residential/index.cfm

2) It's crucial to work with a proactive Realtor®: A Realtor who understands the complexities of insuring homes in high-risk areas can determine escrow process. Our Concept Fine Homes agents are experts on this topic. Before listing your home, we conduct thorough research to ensure there are insurance companies willing to cover your specific property and location.

3) Pay On Time: If anything, pay early and never late. Company's are cracking down and one late payment could cost you having to find a new insurance plan.

4) Review Your Policy: Regularly review your homeowners insurance policy to ensure it aligns with your current needs and coverage requirements. Understand what is covered and any limitations.

5) Shop Around: Given the reduced competition, it’s crucial to shop around for the best rates and coverage. Consider reaching out to independent insurance agents who can provide multiple quotes from different insurers.

6) Mitigate Risks: Take steps to mitigate the risks to your home, such as implementing wildfire-resistant landscaping and ensuring your property is well-maintained. Insurers may offer discounts for proactive risk reduction measures.

7) Consider Bundling: Combining your homeowners and auto insurance with the same provider can often result in cost savings. In this changing landscape, bundling might be a viable option.

8) Opt for Independent California Agency Insurance Services: Independent insurance agencies have access to numerous providers that offer specialized coverage (like earthquake insurance) even in high-risk areas. Research these options to see if they are a good fit for your needs.

Whether you are looking buy or sell this year, this topic will be important to you. We can help guide you and answer questions to ensure you have the right coverage and a successful real estate transaction.

(805)402-9788 or email [email protected]