Being Fully Covered in a Fire Zone
For people living in California, the last couple of years have brought a lot of news and concerns about wildfires. The state has seen its share of wildfires during that time, which has many people re-evaluating their insurance plans to make sure they are adequately covered. This is more than just a smart move, it is an essential one that all homeowners and automobile owners should be making in order to assure that they are fully covered. The last thing you want is to lose your home or car to a wildfire only to discover that you lack proper insurance coverage to have it replaced.
Why Proper Coverage?
Most of the time, people do not realize they are short on insurance coverage until it is too late. That is definitely not the time to be evaluating your insurance policy for what is covered in a fire. There is no better time than the present to check your policy and see what fire coverage you have. If you are not sure, check with your insurance company to verify it.
If you are unsure whether you need fire insurance, be forewarned that you certainly do. There is no way to know where the next wildfire will strike, so it is better to be safe than sorry. People need to realize that roughly $8.6 billion worth of property loss occurs each year due to fires, according to the Federal Emergency Management Agency.
What to Get
If you do not yet know if you have fire coverage, check your homeowners insurance policy first. See what all is covered there before determining whether you need additional coverage or changes to your existing policy. Find out if your contents are covered, as well as your vehicle if it is on the property and is part of the loss in a wildfire.
If you need to acquire fire insurance coverage, start by getting quotes from several companies. Compare each to see what is offered, as well as what the deductibles are and the overall policy cost. You will also want to take into consideration the reputation of the company and the ease with which they handle claims.
The Safe Route
Many people have lost their property in the past few years due to wildfires. Taking the safe route to ensure you are properly covered for fire damage and loss is not only smart, but can save you money down the road.