top of page

Sweeney Sells Real Estate Blog

Search

Home Insurance Tips Every Owner Should Know

Owning a home is one of the biggest investments most people make and protecting that investment with the right insurance is critical. While homeowners' insurance is often required by lenders, it’s more than just a formality. It’s your safety net against unexpected events like fire, theft, natural disasters, or liability claims.


Here are some must-know tips for every homeowner:


1. Know What’s Covered (and What’s Not)

Standard homeowners insurance typically covers:

  • The structure of your home

  • Personal belongings

  • Liability protection

  • Additional living expenses (if you’re displaced)


However, many policies don’t include earthquake, flood, or certain types of water damage. In California, especially, earthquake insurance often requires a separate policy.


2. Review Your Coverage Regularly

Life changes and so do your insurance needs. If you’ve remodeled, added a pool, or invested in expensive personal items, you’ll want to update your policy so everything is adequately covered.


3. Don’t Skimp on Liability Protection

Accidents happen. A guest slipping by your pool or a dog bite incident could result in major medical bills or lawsuits. Adequate liability coverage ensures you’re financially protected.


4. Understand Replacement Cost vs. Actual Cash Value

  • Replacement cost pays what it takes to rebuild or replace at today’s prices.

  • Actual cash value factors in depreciation, leaving you with less coverage.For most homeowners, replacement cost coverage offers far better protection.


5. Shop Around for the Best Rates

Not all insurance companies are the same. Comparing quotes can save you hundreds of dollars annually. Also, ask about discounts many providers offer reduced rates for security systems, newer roofs, or bundling home and auto insurance.


6. Keep a Home Inventory

If disaster strikes, proving what you owned can be difficult. Keep a list or take videos/photos of your belongings. Store this digitally so it’s accessible if needed.


7. Be Prepared for Deductibles

Higher deductibles usually mean lower premiums, but make sure you can comfortably cover your deductible in an emergency.


Bottom Line

Home insurance isn’t just about meeting a requirement — it’s about peace of mind. By understanding your policy, updating it regularly, and making sure you’re adequately covered, you’ll be better prepared for life’s unexpected turns.


Your NorCal Realtor

M&M Real Estate

BRE Lic# 01938720

Cell: Call/Text 707-330-2324


About Scott Sweeney


SweeneySells

Full Time Realtor 13 Years +

Over 100 Families Served

Top 5% Producing Agent

Buying & Listing Specialist

Contract & Negotiation Ninja

CSUS Business & Marketing Graduate 2006


With quickly serving over a 100 families, Scott Sweeney has become a top 5% producing Realtor in the greater Sacramento area who has helped clients from the Bay Area to South Lake Tahoe. Scott has a Bachelor Of Science in Business Administration, with a concentration in Marketing from CSUS. His education, and extensive background in the hospitality, marketing, and real estate industries, have helped Scott to become one of the leading, and most sought after agents in the area.


Reach out to SweeneySells today, and take the first step towards your real estate goals!

📞707-330-2324




Top Producer 2016-2023


"I appreciate your business & referrals!"


Hours Mon-Fri 9am-6pm

Sat By Appointment

Sun Off


Schedule a call or zoom with us here! 👇




 
 
 

Comments

bottom of page