SFGATE
November 19
A: Over the past twenty years of owning property and working as a Realtor® I have seen my fair share of unexpected personal disasters that required insurance claims: a sewer line backing up into the lower level of my home; a fire in a building caused when a tenant decided to use the flower box as an ashtray; and a hillside disruption caused by retaining wall work done by one of our neighbors.
For most people, especially living in the Bay Area, our home is our biggest asset. When purchasing homeowner’s insurance, I advise my clients to understand the details of their policy and to not skimp on coverage. If you are looking for savings, ask your insurance agent about discounts for multiple policies or having protective devices.
I also recommend creating an inventory of your personal property by taking a video of your valuables from room to room to streamline the claims process and to insure proof of your contents for reimbursement.
Lastly, review your policy with your insurance agent frequently to keep up with inflation and life changing events.
