• About
  • Contact
  • Testimonials
  • Newsletter
  • More
    • Demographics & Advertising Rates
    • Terms & Conditions
Thursday, March 23, 2023
No Result
View All Result
California Business Journal
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness
California Business Journal
homeowners-insurance1

5 Ways to Lower Your Homeowner’s Insurance Costs in California

The goal is to have the type of coverage you need but without breaking the bank.

by California Business Journal Editorial Staff
A A
Share on FacebookShare on Twitter

Unlike midwestern states, the cost of living in California is high. For that reason, a lot of people do research and make comparisons before investing in anything. That includes homeowner’s insurance in California. Whether you currently own a house or you’re contemplating buying one, it’s essential to have good and yet affordable coverage.

Fortunately, there are ways to lower the cost of homeowner’s insurance in California, as indicated by the following information.

  • Go With a Bundled Package – This means that instead of having one company for homeowner’s insurance in California, another one for your automobile, and yet a third insurer for your boat, choose one provider that can cover everything. By doing so, you’ll enjoy a nice discounted price but without compromising on coverage or the quality of service.
  • Increase Your Deductible – By bumping up your deductible, you’ll see the premiums go down. Yes, you would have to pay more in the event you ever had to file a claim, but at the same time, if you don’t file a claim or perhaps just one or two in all the years you own your home, then a higher deductible makes perfect sense. Of course, you don’t want to set the deductible so high that you put yourself in a mess should you need to activate your coverage at some point.
  • Take Advantage of Discounts – When purchasing homeowner’s insurance in California, your agent should provide you with a list of all possible discounts. However, you should never hesitate to ask. Things like an alarm system, carbon monoxide, radon, and smoke detectors, water barriers for your roof deck, and storm shutters could reduce the price you pay for insurance.
  • Eliminate Unnecessary Coverage – Some people go all out when buying homeowner’s insurance in California, believing that more is better. However, that’s not necessarily true. If you’re paying for things that shouldn’t have coverage, your premiums increase. To determine if you have the right type and amount of insurance, have your insurer do a property value assessment. Yes, you want peace of mind, but that doesn’t mean going overboard.
  • Think Twice Before Filing a Claim – It’s nice to have homeowner’s insurance in California if you ever need to file a claim. However, you shouldn’t automatically do that for everything that happens. Instead, consider the cost of making repairs yourself versus having your policy cover them. The reason is that if you file too many claims, an insurance company will consider you high risk. Not only would that result in hefty premiums, but when it’s time to renew your policy, your current provider might deny you.

Keeping Insurance Costs Down

ADVERTISEMENT

Remember, these are just a few examples of how you can keep the price of your homeowner’s insurance in California low. It never hurts to talk to your agent or conduct research on other options. The goal is to have the type of coverage you need but without breaking the bank.

Tags: agentAutomobileCaliforniacarboncompanydiscountedinformationinsuranceinvestingmakingniceroofvaluewater
ADVERTISEMENT
California Business Journal Editorial Staff

California Business Journal Editorial Staff

Related Posts

Beautiful interior design
How to Save on Heating with Quality Weatherstripping
how to sell your life insurance policy
How to sell your life insurance policy
Expanding Spray Foam
10 Uses for Expanding Spray Foam
Andy Bhushan feature photo
Smarter Data + Increased Transparency = Better Insurance
moving into a new home
Moving Home In 2021: Tips For Staying Safe And Healthy
advertisement
ADVERTISEMENT

CBJ Newsletter

Facebook Twitter LinkedIn Instagram LinkedIn

Advertise With CBJ

Contact Rick@CalBizJournal.com

CBJ Rates and Demographics

Job Postings

CEO Wanted


Requirements: BS/BA + 2yrs of Business Managing Experience

Mail Resume: Grand Life, Inc. 14647 Northam St. La Mirada, CA 90638.

$114,754/year

ADVERTISEMENT
1REALTOUR-SAN DIEGO-WEB DESIGN
Facebook Twitter LinkedIn LinkedIn Instagram Youtube
C B J   LOGO  SVG-01
  • About
  • Contact California Business Journal
  • Testimonials
  • Demographics & Advertising Rates
  • Terms & Conditions

Categories

  • Art & Culture
  • Business
  • California Hotel Listings
  • Daily Updates
  • Editor's Choice
  • Education
  • Featured
  • Finance
  • Food & Dining
  • Health & Fitness
  • Human Interest
  • Insurance
  • Law
  • Lawyers
  • Marketing
  • Medical
  • News
  • Newsletter
  • Opinion
  • People
  • Popular
  • Real Estate
  • Social Media
  • Technology
  • Uncategorized

CBJ Partner Firebrand Media

Laguna Beach Independent Newspaper
 Laguna Beach City Guide
 Newport Beach Independent Newspaper
Newport Beach Country Club Magazine
  Montage Magazine
 Omni Escapes Hotel Magazine
 Bespoke Concierge New York
 Evans Hotels
 Laguna Beach Magazine
 On The Menu Laguna Beach
 Newport Beach Magazine
Coastal Real Estate Guide (NB,LB, CDM)
Monarch Beach Resort Magazine
 Pacific Coast Magazine (SoCal)
Sea Island Life Magazine
Salamander Hotel & Resorts Magazine
 View our entire portfolio

 

Most Viewed

  • Gavel, scales of justice and law books

    Lawsuit Basics: How Much Does It Cost to Sue Someone?

    0 shares
    Share 0 Tweet 0
  • Investigation: Can TriumphFX Take Your Money?

    0 shares
    Share 0 Tweet 0
  • The Impact of Covid: Racing to Buy Second Citizenships

    3 shares
    Share 0 Tweet 0
  • What to Do When an Online Casino Refuses to Pay Out Your Winnings

    0 shares
    Share 0 Tweet 0
  • The Truth About Temu: Where Is It From?

    0 shares
    Share 0 Tweet 0
  • Top 5 Flavors On Elf Bar BC5000 Review

    0 shares
    Share 0 Tweet 0
  • NFL Paychecks: How Do NFL Players Get Paid?

    0 shares
    Share 0 Tweet 0
  • Temu’s New Shipping Policy Is A Smashing Hit For Shoppers All Over the Country

    0 shares
    Share 0 Tweet 0
  • Five Reasons Why The Government Does Not Like Bitcoin

    0 shares
    Share 0 Tweet 0
  • How to Start a Telecommunication Business: A Step-By-Step Guide

    0 shares
    Share 0 Tweet 0

Latest Articles

Retail App Development: Details You Need To Know To Get a Good ROI

Retail App Development: Details You Need To Know To Get a Good ROI

The Role of Marketing Firms in an Organization: Benefits and Drawbacks

The Role of Marketing Firms in an Organization: Benefits and Drawbacks

How to Prevent Indoor Air Allergies: 5 Important Tips

How to Prevent Indoor Air Allergies: 5 Important Tips

Unleashing the Secrets of Z-library: How to Discover Rare Books with Ease?

Unleashing the Secrets of Z-library: How to Discover Rare Books with Ease?

Five Ways an MBA Helps take Your Career to New Heights

Five Ways an MBA Helps take Your Career to New Heights

What Do I Need to Do to Get a Small Business Loan?

What Do I Need to Do to Get a Small Business Loan?

Cannabis Seeds: What Are the Basics?

Cannabis Seeds: What Are the Basics?

How to Decide Whether Immunotherapy for Cancer Is the Right Choice?

How to Decide Whether Immunotherapy for Cancer Is the Right Choice?

Is it Possible to Become Rich By Currency Trading?

Is it Possible to Become Rich By Currency Trading?

10 Ways to Increase a Home’s Curb Appeal for Buyers

10 Ways to Increase a Home’s Curb Appeal for Buyers

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR

No Result
View All Result
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR