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Did You Know?

Many residential homeowners insurance policies cover what is known as ALE, or additional living expenses. This permits homeowners to maintain their normal standard of living by covering the increased living expenses incurred as a result of damage caused by the fire or a mandatory evacuation. ALE coverage typically includes extra food costs, increased housing costs, furniture rental, relocation and storage costs, telephone installation and extra transportation costs to and from school or work, after the deductible is reached.

A free home inventory guide is available on the Department of Insurance website at www.insurance.ca.gov, or by calling the CDI Consumer Hotline at 800-927-HELP.

 

Homeowner Insurance - Renter Insurance Articles

Savings Tips for Homeowner Insurance or Renter Insurance

 

  • You can save several hundred dollars a year on homeowner insurance and up to $50 a year on renter insurance by purchasing insurance from a low-price, licensed insurer. Ask your state insurance department for a publication showing typical prices charged by different licensed companies. Then call at least four of the lowest priced insurers to learn what they would charge you. If such a publication is not available, it is even more important to call at least four insurers for insurance quotes.

  • Make certain you purchase enough coverage to replace the house and its contents. “Replacement” on the house means rebuilding to its current condition.

  • Make certain your new policy is in effect before dropping your old one.





Homeowner Insurance Quotes

Homeowners insurance rates can vary by hundreds of dollars, depending on the company you buy your policy from. Here are some things to consider when buying homeowners insurance. Check consumer guides, check resources, ask friends and get references, check insurance agents, companies and online insurance quote services. This will give you an idea of price ranges and tell you which companies have the lowest prices. But don't consider price alone. The insurer you select should offer a fair price and deliver the quality service you would expect if you needed assistance in filing a claim.
Deductibles are the amount of money you have to pay toward a loss before your insurance company starts to pay a claim, according to the terms of your policy. Raise your deductible, and you can save on your premiums. Buy your auto and homeowner insurance from the same company and you could save more. Get a quote today and start comparison shopping.
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Renter's Insurance Quote?

A wide variety of renters insurance discounts are available, ranging from safety and security devices you use to lessen your risk of injury or loss due to theft, to how close you live to a fire department. Some companies may look favorably on you if install smoke detectors, a fire extinguisher, and dead bolt door locks and window locks in your apartment. Ask the landlord to install these items if you live in a state in which these items aren't required. Few companies would ask for anything more than a statement from you saying these items are included in the apartment. Click the Go button to start getting an insurance quote.
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