These Homeowners Insurance Endorsements Can Help Keep Your Home Safe!

Homeowners Insurance Endorsements Can Help Keep Your Home SafeKeep your home well protected with the right homeowners insurance and endorsements.

When it comes to your homeowners insurance, you choose a policy that gives you basic coverage. Your plan gives you the coverage that you need to rebuild your home, replace personal possessions, and cover minor liability claims. However, sometimes you need more coverage. That’s where insurance endorsements come in; when your policy needs a little extra boost, supplement your coverage with the right homeowners insurance endorsements. Check out what you need to know.

Natural Disasters.

Your homeowners insurance policy only gives you coverage for covered perils. However, if your home suffers damage from a non-covered peril, you’re left paying for the damage out of pocket. When it comes to floods, earthquakes, or wildfires, be aware that your homeowners insurance policy won’t cover any damages. Fortunately, you can supplement your regular home policy with certain natural disaster endorsements.  Determine which hazards your home is susceptible to, and add coverage as necessary.

Valuable Items.

Your home is your personal safe haven from the outside world. It’s a place where you feel safe and where you can keep your valuables secure. However, sometimes accidents happen. Whether it’s a break in or a fire, a disaster can ruin your personal possessions. Your homeowners insurance policy gives you some coverage for your personal possessions. However, when it comes to your more expensive items, they’re often left unprotected. Get the coverage that you need for your high ticket items with a valuable items endorsement. That way you can rest easy knowing that you have the coverage that you need.

When it comes to getting the protection that you need for your home, it’s important that you supplement your homeowners insurance with the right endorsements. Panzera Insurance Agency, Inc. can help you find the right policy! We serve all your insurance needs. Contact us for more information.

The Importance of Renters Insurance

Tarzana Renters InsuranceMany renters’ fail to acknowledge the importance of having a comprehensive renters’ insurance policy. While many renters are simply misinformed, assuming that they receive coverage under their landlord’s insurance policy, others simply see the purchase as unnecessary. However, without a renters’ insurance policy, you leave you, your home, and your personal belongings vulnerable to a variety of potential perils.

A renters’ insurance policy is one of the least expensive insurance policies, especially considering the level of protection it provides. In the event that your apartment is burglarized, you will receive protection. Likewise, if a fire erupts in your home, you will receive protection.

The standard renters’ insurance policy includes coverage against:

  • Fire
  • Lightning
  • Smoke
  • Hail
  • Wind Damage
  • Theft
  • Vandalism
  • Falling Objects
  • Ice, Snow, & Sleet

In order to receive guaranteed protection of your personal belongings under your renters’ insurance policy, you will want to conduct a home inventory. This will determine the value of your personal belongings. Your home inventory should include photographs, serial numbers, value amounts, and appraisals if necessary.  You should keep both a digital copy and a hard copy for your records.

You will be required to choose actual cash value or replacement cost for your method of reimbursement. Actual cash value means that you will receive reimbursement for the depreciated value of the stolen or damaged item. Replacement cost allows you to receive reimbursement for the worth of the item. This coverage option is typically more expensive, but is recommended if you have any particularly valuable items. Insurance riders and endorsements are recommended for any expensive items, such as fine art or jewelry.

Contact Panzera Insurance Agency, Inc. for all of your California renters’ insurance needs. Located in Tarzana, California, we want to provide you with unmatched insurance services and guaranteed protection of your apartment. Just because your apartment is smaller than a home does not mean it deserves any less protection.