When it comes to homeowners insurance Lodi CA residents need to have it. As long as you have a mortgage on your home, it is a requirement. However, even if your home is paid in full, it’s a good idea to have a policy.

Coverage for Your Home

One of the main components of a policy is that you will have coverage for the structure of your home. This includes protection against fires, storms, lightning, and other disasters as described in your policy. You will want to make sure that you have sufficient coverage for everything on your home, including detached structures.

Liability Coverage

Someone could easily get hurt on your property, which could result in injuries and a lawsuit. Further, if anyone in your home ruins someone else’s property, you would have the necessary coverage with your homeowner’s policy to make the repair or replacement. The property and bodily injury protection can save you in the event that an accident happens.

Coverage for Your Belongings

Various personal belongings stored inside your home will also be covered on your policy. If items are stolen, lost in the fire, or damaged because of another disaster covered by your policy, you would have the ability to replace them. Expensive items, such as collectibles or jewelry, may not be included in the policy, though. It will be important to identify what is and isn’t covered.

Having a homeowners insurance policy that you can rely on is critical. You need to have a policy customized to meet your individual needs. Further, you will want to look at various riders that offer you coverage for anything above and beyond a traditional policy. Working with an independent insurance agent can help you immensely.