Homeowners Insurance Endorsements to Consider

person covering home cut out with hands

Consider these home insurance add-ons to secure your property.

Homeowners insurance is something that allows you to sleep a little easier at night. If the worst happens, you know you have a financial safety net in place. But, do you really? Many homeowners know that they need coverage so they secure a basic policy at a premium well within their budget. What they don’t know is that they are missing out on coverage that their home needs. Take a look at these home insurance endorsements to consider.

  • Earthquake

Here in California, earthquakes are no stranger. Since most standard home insurance policies exclude damage from earthquakes, you could be leaving your asset exposed to risk if you don’t secure this coverage. The earthquake endorsement will help to pay for repairs to your home and other structures not attached to your home, such as a garage, after an earthquake. It can also help to cover debris removal and building your home up to current building codes.

  • Home Business

Many homeowners are now operating home businesses and need business insurance for a home-based business. Be aware that your home insurance policy will not cover your business equipment or dealings, which is why it’s wise to secure separate coverage. The home business endorsement will add business equipment and legal liability to your policy.

  • Scheduled Personal Property

If you have valuable items outside of the normal household inventory, such as expensive jewelry, electronics, computers, fine art, or antiques, you may want to schedule those items to make sure that you can replace them at their full value in the event of a loss. Although home insurance does cover your personal property, it may not be enough to fully replace items of high-value.

Consider these endorsements when looking for full coverage. Are you looking for reliable homeowners insurance for your California home? Contact the team at Ron Young Insurance, serving Burbank and neighboring cities.

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