Why do I need Homeowners Insurance?

Homeowners insurance is a package policy. This means that it covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people.

Unlike driving a car, you can legally own a home without homeowners insurance. But, if you have bought your home and financed the purchase with a mortgage, your lender will most likely require you to get homeowners insurance.  Another name for this is sometimes referred to hazard insurance.  Hazard insurance is property insurance that you are required to purchase to cover any damage that may occur to the property itself or to someone while in or on the property.  When you purchase a home or re-finance, usually the lender requires the first year's insurance premium to be paid at close of escrow. After the first year, you can pay the homeowners insurance premiums yourself or sometimes they can be "impounded". Forced insurance is usually required because lenders need to protect their investment in your home in case your house burns down or is badly damaged by a storm, or other disaster. If you live in an area likely to flood, the bank will also require you to purchase flood insurance. Some financial institutions may also require earthquake coverage if you live in a region vulnerable to earthquakes.  Usually the first year that you purchase a home, the insurance will be paid out of.  If you buy a condominium, your board will probably require you to buy homeowners or condo contents insurance.

After your mortgage is paid off, no one will force you to buy homeowners insurance. However it is important to have homeowners insurance to protect your most valuable investment; your house. You've worked so hard for your house and it's important to have insurance coverage to protect it in the event of a disaster or catastrophe.

Dwellings and other structures - For most of us, our home is the single, largest investment we will make.   Homeowners insurance provides coverage’s for damage to your home and other structures on your property such as a shed or detached garage.

Personal Property - Homeowners insurance also provides coverage for your household contents and personal belongings. You may think your couch, coffee table, sweaters, shoes, coats; TV, VCR and CD player aren't worth a lot but those items all add up.

Personal Liability - In the event someone is injured on your property or you damage property that belongs to others, you could be held legally liable for the injury or damage.  A homeowner policy provides liability and personal property insurance to financially protect you should this ever occur.

Is my jewelry covered by my homeowner’s policy?

On a homeowner’s policy, there is limited, standard coverage available for your jewelry. In most cases, you will need to purchase a Personal Articles Floater, which extends protection for your jewelry when its value is higher than the limits stated in your homeowner’s policy. Contact John Tesoriero at 619-889-0889 to discuss adding a jewelry floater or increasing your coverage. 

Am I covered for earthquake damage?

No. Earthquake coverage is available as an additional coverage to the homeowner’s policy. To determine whether you should purchase this insurance, talk to your local Farmers insurance agent or call 619-889-0889. In earthquake prone areas, the cost of this insurance is relatively high. In other areas, it is relatively inexpensive. For earthquake coverage, you can choose the amount of personal property to insurance in increments. This keeps to keep the insurance premiums down.

 When should I think about adding to my homeowner’s insurance coverage?

  You should contact your agent about reviewing your coverage and possible increasing coverage whenever you change something significant about your home or its contents, for example: 

• When you put on an addition to your home such as adding a bedroom or bathroom.

 • When you start a business from your home

• When you make a major purchase, such as jewelry, a computer.

• When you purchase other residential properties either for rental or as a second home.

We offer Homeowners Insurance throughout California, CA in all of the zip codes and cities including:

92003 Bonsall San Diego 
92004 Borrego Springs San Diego 
92007 Cardiff San Diego 
92008 Carlsbad San Diego 
92009 Carlsbad San Diego 
92013 Carlsbad San Diego 
92014 Del Mar San Diego 
92018 Carlsbad San Diego 
92019 El Cajon San Diego 
92020 El Cajon San Diego 
92021 El Cajon San Diego 
92022 El Cajon San Diego 
92023 Encinitas San Diego 
92024 Encinitas San Diego 
92025 Escondido San Diego 
92026 Escondido San Diego 
92027 Escondido San Diego 
92028 Fallbrook San Diego 
92029 Escondido San Diego 
92030 Escondido San Diego 
92033 Escondido San Diego 
92036 Julian San Diego 
92037 La Jolla San Diego 
92038 La Jolla San Diego 
92039 La Jolla San Diego 
92040 Lakeside San Diego 
92046 Escondido San Diego 
92049 Oceanside San Diego  
92051 Oceanside San Diego 
92052 Oceanside San Diego 
92054 Oceanside San Diego 
92054 Camp Pendleton San Diego 
92055 Oceanside San Diego 
92055 Camp Pendleton San Diego 
92056 Oceanside San Diego 
92057 Oceanside San Diego 
92058 Oceanside San Diego 
92059 Pala San Diego 
92060 Palomar Mountain San Diego 
92061 Pauma Valley San Diego 
92061 Pala San Diego 
92064 Poway San Diego
92065 Ramona San Diego 
92066 Ranchita San Diego
92066 Warner Springs San Diego
92067 Rancho Santa Fe San Diego
92068 San Luis Rey San Diego
92069 San Marcos San Diego
92070 Santa Ysabel San Diego
92071 Santee San Diego 
92072 Santee San Diego 
92074 Poway San Diego 
92075 Solana Beach San Diego 
92078 San Marcos San Diego 
92079 San Marcos San Diego 
92082 Valley Center San Diego 
92083 Vista San Diego 
92084 Vista San Diego 
92085 Vista San Diego 
92086 Warner Springs San Diego 
92088 Fallbrook San Diego 
92091 Rancho Santa Fe San Diego 
92092 La Jolla San Diego 
92093 La Jolla San Diego
 92101 San Diego
92102 San Diego
92103 San Diego
92104 San Diego
92105 San Diego
92106 San Diego
92107 San Diego
92108 San Diego
92109 San Diego
92110 San Diego
92111 San Diego
92112 San Diego
92113 San Diego
92114 San Diego
92115 San Diego
92116 San Diego
92117 San Diego
92118 San Diego
92119 San Diego
92120 San Diego
92121 San Diego
92122 San Diego
92123 San Diego
92124 San Diego
92126 San Diego
92127 San Diego
92128 San Diego
92129 San Diego
92130 San Diego
92131 San Diego
92132 San Diego
92133 San Diego
92134 San Diego
92135 San Diego
92136 San Diego
92137 San Diego
92138 San Diego
92139 San Diego
92140 San Diego
92142 San Diego
92143 San Diego
92145 San Diego
92147 San Diego
92149 San Diego
92150 San Diego
92152 San Diego
92153 San Diego
92154 San Diego
92155 San Diego
92158 San Diego
92159 San Diego
92160 San Diego
92161 San Diego
92162 San Diego
92163 San Diego
92164 San Diego
92165 San Diego
92166 San Diego
92167 San Diego
92168 San Diego
92169 San Diego
92170 San Diego
92171 San Diego
92172 San Diego
92173 San Diego
92174 San Diego
92175 San Diego
92176 San Diego
92177 San Diego
92178 San Diego
92179 San Diego
92182 San Diego
92184 San Diego
92186 San Diego
92187 San Diego
92190 San Diego
92191 San Diego
92192 San Diego
92193 San Diego
92194 San Diego
92195 San Diego
92196 San Diego
92197 San Diego
92198 San Diego
92199 San Diego
92028 Fallbrook
92088 Fallbrook
92562 Murrieta CA Riverside 
92563 Murrieta CA   Riverside
92564 Murrieta
92049 Oceanside
92051 Oceanside
92052 Oceanside
92054 Oceanside
92055 Oceanside
92056 Oceanside
92057 Oceanside
92058 Oceanside

Please Note: The information contained in this Web site is provided solely as a source of general information and resource. It is a not a statement of contract and coverage may not apply in all areas or circumstances. For a complete description of coverages, always read the insurance policy, including all endorsements