Home insurance in Sacramento

Home insurance in Sacramento is financial protection for your investment. As many of us know living in California comes with its risks for homeowners and the states capitol is no exception. Sacramento homeowners have wildfires, flooding and more to worry about. Luckily there is coverage for the risks associated with owning a home.

What is Sacramento home or property insurance?

The majority of us can’t afford the out-of-pocket expense of rebuilding our homes. Sacramento homeowners insurance can fix that. Your home insurance policy will help to protect the structure of your home, your personal property, and liability if someone is injured.

Home insurance isn’t a state mandate. Although, if you have a mortgage tied to the home your lender will require that you have homeowners insurance in place before they close your loan. Even if you have your home paid off and aren’t required to have coverage home insurance is always a good idea.

Home insurance is property insurance designed to protect you, your family and your home. Homeowners insurance can save you from financial ruin and help you to rebuild your home if catastrophe strikes.

What does Sacramento homeowners insurance cover?

Home insurance in Sacramento will cover the structure of the property, detached structures, personal belongings inside the home and liability. At Eugene C Yates Insurance Agency we customize our homeowners insurance policies to meet your individual needs as a homeowner. If you need additional coverage to protect you from other risks, we’re here for you.

Home insurance in Sacramento will cover:

Dwelling:

The dwelling or structure of your property is covered under home insurance. This is the roof, walls, carpeting and more.

Other structures:

Other structures coverage will help to cover the detached structures around your home such as fences, sheds, gazebos, garages, and other structures.

Personal property:

Personal property coverage will protect your personal items such as appliances, electronics, clothing, furniture, computers and more.

Loss of use:

Loss of use coverage also know as additional living expenses (ALE) coverage will help to reimburse you for hotel stays, meals out, lost rental income and more. This coverage would kick in if you are unable to live in your home or a tenant is unable to stay in the space they rented.

What risks are covered with home insurance in Sacramento:

Theft
Fire and smoke
Windstorm or hail
Falling objects
Water damage

Home insurance in Sacramento is used as protection for your home and personal belongings. There is also liability insurance so if someone is hurt on your property and sues you, your home insurance provider will hopefully pick up the bill.

There are also policies for your second homes and rentals. This is great is you want to protect all of your real estate investments.

Homeowners insurance and your mortgage lender

The mortgage lender likes to have a homeowners insurance policy in place before they will fund the loan on a home purchase. You may decide if you would like your home insurance payment included with your mortgage payment as well. This is referred to as PITI (principal, interest, taxes and insurance) and is paid through escrow to make things more convent for you.

Please keep in mind PMI or private mortgage insurance is something completely different from homeowners insurance. PMI is designed to protect your mortgage bank if you are to default on your home loan. Homeowners insurance is designed to protect you, the homeowner.

Get homeowners insurance coverage with Eugene C Yates Insurance Agency

Eugene C Yates Insurance Agency is an independent homeowners insurance broker. This means we aren’t forced into looking at only one home insurance provider. We have access to several of the top homeowners insurance companies. This allows us to shop around the home insurance market for the best rate on the best coverage for our clients.

In addition, our wonderful home insurance agents have firsthand knowledge of all home insurance discounts available.