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The Insurance Industry Faces Growing Wildfire Risk in California

American Agents Alliance

These wildfires have caused historic damage, claimed lives, and threatened communities. As stories of resilience and courage emerge and the fires are contained, agents and brokers provide critical insurance support for policyholders. When consumers do not carry sufficient insurance coverage, everyone is at risk.

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Prepare for the Unexpected — How to Help Policyholders With Disaster Planning

American Agents Alliance

This is a role insurance agents often play — and disaster planning is always more effective when it is proactive. As an agent, you already know some causes of loss are excluded but many policyholders do not understand this aspect of their coverage. Discuss how to inventory personal property with receipts, photos, and videos.

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How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

However, for many home renovation projects, you will need to inform your insurance agent. Whether it’s a big project involving reconstruction of part of your home, or a small project that will increase the value of your home or personal property, your renovation will affect your homeowners insurance. New Home Value?

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How to Read Homeowners Insurance Quotes

TGS

This proposed estimate can change in price as your agent works to refine your quote so that it’s curated to suit your unique coverage needs. Policy Number If you ever need to file a claim, this policy number is what you will use. This number is sometimes helpful when consulting with your insurance agent, as well.

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Do You Own a Townhome? If so, you may be over-insured!

Wren Insurance Agency

For example, if your bylaws state that your HOA covers roof replacement, it is likely you will only need to purchase condo insurance, or a "walls-in" HO6 policy to cover your personal property and items within the unit itself like walls and fixtures. Roof included.

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Why Finding Homeowners Insurance in California is So Challenging in 2024:

Jackson & Jackson

In addition to considering the standard coverage options, such as dwelling and personal property protection, California residents may also want to explore additional coverage for specific risks prevalent in their region. Furthermore, it’s essential to review the customer service reputation of potential insurance providers.

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Why Regular Home Insurance Policy Reviews Are Essential 

Freeway Insurance

Similarly, if someone moves out of your house, you may no longer need a high limit for your personal property coverage. Even if your homeowners insurance covers other types of property, it might exclude coverage for business-related liabilities. Namely, insurance may handle any damages your animal causes to other parties.