Due to the recent fires,
I wanted to address coverage's provided by, homeowners, condo, and renters policies.***
Additional living expenses:
If you face a mandatory evacuation your property insurance coverage will cover your additional expenses for hotels, food, clothes etc up to the maximum amount of your policy limits. If your property does not receive any damage you have this coverage for UP to two weeks. If you have property damage you may receive this coverage for up to 1 year. (With some companies your deductible may apply to this coverage also, if it does you should look elsewhere.)
This provides coverage for you financially if you are ever held responsible for ones injury or property damage. This will also cover your defense charges if it has to go to court.
Dwelling:This is the coverage that rebuilds your structure. You want to make sure that this is accurate. In California the average cost per sq. ft is anywhere between $160-$200 per sq. ft. Please contact me if you have questions on your area. It is YOUR responsibility to make sure this
coverage is updated. I will help with annual reviews.
Covers all your personal possesions that are not permanently attached to the structure. We cover "replacement cost" not "actual cash value". It is a good idea to make a list of items you have in the house and take pictures of high value items with model numbers or serial numbers if possible. This is mostly for your benefit as it is extremely hard to remember what you have when it's all gone.
***If your property insurance is not with Allstate please verify your coverage with your carrier.
I also wanted to share a comment made by one of my very good clients affected by the recent fires here in Orange county. She said, "Pretty much the general feeling of the canyon folks is that Allstate was the only company that was really helping their clients ..."
Her house did not burn, but she was evacuated from her home for two weeks with her family of five. She had no idea she had coverage to help her with the extra expenses until I called her to see if she had been evacuated. This is the reason why you need a good agent.......
B. Jason Perry Insurance Agency
Toll Free 877-425-5788