After a disaster, the last thing that you want is to find out that your home wasn’t fully covered. Partner with the home insurance agents at Cornerstone Preferred Insurance in Burbank to make sure that you have the right policy for your home.
We are an independent company, which means that we work for you ALONE – you can trust us to be honest about your coverage. You also don’t have to be worried about paying extra, because our services are free and you don’t get charged more from the insurance company!
What will my home insurance premium be?
Your home insurance premium is affected by a number of different factors, including:
Location: your neighborhood’s safety history and susceptibility to extreme weather will affect the price
Personal Factors: bad credit history and personal habits such as smoking may increase premiums
Home Characteristics: older homes and higher risk structure material may have more expensive premiums
Claims History: if you’ve made home claims before, then you may be considered higher risk and therefore have to pay more
Protective Devices: if you have installed burglar alarms, smoke detectors, sprinkler systems, and fire extinguishers, then your home premiums may decrease
Is there anything I can do to reduce my home insurance premium?
Yes! Homeowners who make their home safer may be able to get discounted rates. Here are some things that you can do:
Install a security system
Install smoke detectors and a sprinkler system
Install a fire alarm
Install window locks and dead bolts
Am I required by law to have homeowner’s insurance in CA?
No. The government does not require that you have homeowner’s insurance like it requires that you have car insurance.
If you borrowed money from a lender to purchase your home, however, then they may require you to have an insurance policy that protects against natural disasters like fire, flooding, and earthquakes. Once your mortgage is paid, you will no longer be required to have homeowner’s insurance, although it is a good idea to insure such a large investment!
What is home inventory?
Home inventory is a list of all the possessions in your home, which will assist with the claims process if you ever need to file one. To start your home inventory, describe each item and include any receipts that you have. Here are some helpful tips:
List any valuable items such as jewelry, furniture, and collectibles
Take pictures or a videotape
Store the inventory list in a safe deposit box