VA Home Loans

Guaranteed by the U.S. Department of Veterans Affairs.

Reverse Mortgages

For homeowners to leverage the equity in their home.

Refinancing

Replace your current home loan with a new one.

Prime Jumbo and Super Jumbo Mortgages

For high-income earners who make $250,000+ a year.

Fixed-Rate Mortgages

Offers predictability for your budget.

FHA Home Loans

Popular for first-time homebuyers.

Conventional Mortgages/Conventional High Balance

A loan not guaranteed or insured by the federal government.

Self Employed Loan Programs

For 1099 recipients, P&L users or qualify using assets.

Bank Statement Programs

See how you can qualify without having to show tax returns.

Investor DSCR or Rental Income Loans

Perfect for investors who want tenant rent to cover mortgage.

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How to Improve Your Homeowners Insurance Coverage


California home loans

Change Limits

One of the easiest ways to improve your insurance coverage is to make changes to your coverage limits. For example, you may choose to raise your deductible in order to have a lower monthly premium or vice versa. You may decide that you can afford to reduce the coverage limit on roof repair and replacement or a similar coverage area. Small changes to coverage limits often result in small rate reductions that add up to bigger savings over time.

Shop Around

As with most types of insurance, you have the option of shopping around for better rates. You might be able to find another company that is offering similar coverage for a lower price. Be careful to only drop certain types of coverage if it’s advantageous to do so and don’t shop solely on price. Do note that you can usually get better rates by bundling homeowners insurance with other types of coverage, such as car insurance.

Consult an Agent

If you’re confused by the various homeowners insurance options and want to ensure you get the best policy for your needs, it might be best to consult a professional. A qualified insurance agent can explain all the details of various homeowners insurance policies and assist you in selecting or building a policy that’ll meet your specific needs. They will gather information about your California home and your unique situation to make suggestions regarding the types and limits of coverage you should have.

Improve the House

Some factors that impact your homeowners insurance rates are security and disaster preparedness features. This can include everything from home security systems to hurricane-proof windows. Insurers view homes that have these features as less of a risk to insure and reflect that in lower rates. Keep your insurer informed of changes that might affect your coverage, whether that’s installing a security system, removing a pool or bringing home a puppy.

If you’re looking to improve your homeowners insurance coverage, you have several options. Always weigh your choices carefully before making a decision. With the right changes, you can craft a homeowners insurance policy that better suits your needs!

Article provided by: Brooke Chaplan

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VA Home Loans
Reverse Mortgages
Refinancing
Prime Jumbo and Super Jumbo Mortgages
Fixed-Rate Mortgages
FHA Home Loans
Conventional Mortgages/Conventional High Balance
Self Employed Loan Programs
Bank Statement Programs
Investor DSCR or Rental Income Loans

Loan Options

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