If you’re a homeowner, you probably saved for a long time to purchase what is no doubt your greatest asset. You may have also invested thousands in home improvements or renovations to increase the value of your property. 

Even if you don’t own your home and you are a renter, your belongings probably represent a considerable portion of your income over the years – items such as electronics, clothing, small appliances, jewelry, and sporting goods. 

What would you do if something happened to your place of residence or your personal property? Would you be able to replace them in the event of fire, theft, or other types of loss? Most people don’t have the kind of money in the bank to cover that level of loss out of pocket.

Fortunately, you don’t have to worry about that with homeowner insurance. This type of common coverage protects both renters and homeowners. And, if you’re a landlord who rents out your home or has tenants living in a portion of it, you may also be eligible. 

Homeowner insurance provides coverage for a multitude of worst-case scenarios, including: 

• Theft of property
• Vandalism
• Hail damage
• Damage from falling objects
• Fire and smoke damage
• Water damage from burst pipes and plumbing incidents

You may not be aware of some of the additional benefits of homeowner coverage. For example, your homeowner insurance may cover you if someone has an accident on your property and subsequently wins a legal judgment against you in court. 

It may also provide a place for you to live for up to two years if your residence becomes uninhabitable and you have to leave due to circumstances like those above. This lets you get back to living life as soon as possible while your home is repaired or rebuilt and creates a normal environment again for your family, especially kids and pets.

It’s easy to add extra special coverage for valuable items, such as jewelry, artwork, collectibles, and antiques. You can also take out an umbrella policy to extend your liability coverage, an excellent idea if you are a landlord or have dogs. 

Don’t wait until an accident, robbery, or natural disaster leave you in a financial bind or perhaps even without a place to live. Call Allco Insurance, your local independent insurance agents at 714-992-2390 to find a homeowner insurance policy that’s right for you. 

We’ll help you find the ideal combination of premium and deductible, which is the amount you pay towards a claim before your policy kicks in. We have access to hundreds of insurance products. We’re waiting here to help you find the right one for your budget and the coverage you need for your peace of mind. And, we’re a Dave Ramsey Endorsed Local Provider (ELP), so you know we’re a business you can trust.