Homeowners Insurance

Whether you’re shopping for your first home or a seasoned homeowner, shopping for home insurance is essential. Vios Insurance Services is here to help California homeowners find the coverage they need to ensure that your new asset and belongings are financially protected if something unfortunate happens. Call us today to get your free quote.  

What Is Home Insurance? 

Home insurance offers financial protection if there’s a loss or damage to your home or personal property following an insured incident. Home insurance also typically provides liability coverage if you or a family member causes bodily injury or property damage to someone or a guest is injured on your property. It may also provide coverage for loss of use and additional living expenses, which could include hotel or temporary housing stays and meals, if you experience a loss to your home that requires you to vacate your home.  

Why Is Home Insurance Important? 

Home insurance is critical because it provides a layer of financial protection should you experience a covered loss. Without coverage, you’re responsible for the costs incurred from an unforeseen incident that happens to your home, belongings, or a guest at your home.  

What Is Covered Under Home Insurance? 

What is covered under your home insurance will depend on your specific policy. However, the standard home insurance policy typically includes these four coverages: 

• Property structure coverage may help cover the costs of repairing or rebuilding your home if a covered event damages it. Your policy may also cover detached structures, such as a garage, that are on your property.
• Personal belongings coverage may help cover the repair or replacement costs for furniture, clothing, sports equipment and other personal items stolen or damaged by a covered incident, up to your policy’s limit. You might also add a personal property endorsement or floater to insure more expensive items for their appraised value.
• Liability coverage may help pay for bodily injury and property damage you or a listed party on your policy (e.g., spouse or children) cause. It might also help cover the costs associated with a third party’s injury on your property, including court costs and awards up to your limit. 
• Additional living expenses coverage may help pay your living costs if you need to live elsewhere because of a covered incident. Your hotel bills, restaurant meals and other living expenses may be covered—up to your policy limit.  

If you live in an area prone to flooding or earthquakes, you may want to buy additional insurance protection, like floor or earthquake insurance. In addition, a personal property endorsement may be beneficial coverage to add if you have expensive items that might need additional insurance protection.   

How Is Home Insurance Calculated? 

The cost of home insurance varies by the insurer and the policyholder, who use various factors to calculate a home insurance premium. Your home’s value and location, the value of your personal belongings, additional policy endorsements, and past claims history might be factors used to determine the cost of your coverage. Work with Vios Insurance Services to get your no-obligation quote today. 
 

How Far In Advance Can I Buy Home Insurance? 

If you are applying for a mortgage, your lender might require you to have home insurance secured before they approve the financing of your loan. We can help you get started on a policy as soon as you decide to buy your home—typically a few weeks before your closing date.  

Protect Your Home and Livelihood 

Vios Insurance Services of Van Nuys, California, provides homeowners with insurance solutions for their home needs. Call 818-779-4930 to speak with one of our agents about a home policy for your valuable asset—or if you plan to purchase a home soon.