Homeowners Insurance in Gustine, CA

A home insurance policy is one of the most important purchases you can make to financially protect your property. At Palafox Insurance Agency, LLC, our agents will help you understand home insurance and choose the most suitable policy for you. 

What is Home Insurance and What Does it Cover?

Home insurance may cover you and your property from losses caused by various risks or liability claims. It is not legally required in California, but your lender may ask for proof of policy if you have a mortgage.

Your insurance coverage may vary depending on your carrier and policy selections. However, standard policies often include the following:

• Dwelling coverage may help pay for the repair or reconstruction of your home, including its walls, roof and foundations.
• Other structures coverage may cover additional structures on your lot, such as gazebos, sheds and detached garages.
• Personal property coverage may pay for the replacement of your appliances, clothing, electronics or furniture.
• Liability coverage may provide financial assistance if you are found liable for third-party bodily injuries or property damage.
• Additional living expenses coverage may cover food, alternative lodging, transportation costs and other costs if a covered risk renders your home uninhabitable.

How Much Home Insurance Do I Need?

Ideally, your home insurance policy should be enough to cover the cost of rebuilding your home and replacing your personal belongings. In addition, your liability coverage should be sufficient to cover potential claims and lawsuits.

How Are My Rates Determined?

Home insurance companies may consider various criteria when calculating your rates. In many cases, the following factors may influence the calculation of your premiums:

• Your location
• Your home’s exposure to risks (e.g. crime, natural disasters)
• The materials used to build your home
• Your claims history
• Your deductible amount

You can potentially reduce your premiums by bundling multiple policies together, such as home and auto insurance. Having a higher deductible amount, retrofitting your home to be more disaster-resilient or installing a security system may also help lower rates.

How To Get Home Insurance

Contact Palafox Insurance Agency, LLC to explore your options or request a quote.