Homeowners Insurance

California Mutual provides a comprehensive homeowners policy.

 Available Credits (up to 50%):

• New Loan Credit for new loans on home purchases

• New Home Credit

• Loss Deductible Credit for $500, $1,000 & $2,500 deductibles

• Loss Free Credit

• Fire and Theft Alarm Credit

• Full & Partial Sprinkler Credit

• Roof Credits for non-flammable roof tile

• Gated Community Credit

Other Features:

• ID Fraud Expense Coverage (included)

• Inflation Guard at 4% (included)

• Ordinance or Law Coverage (included)

  – 50%:  Dwellings 1 to 5 years old

  – 10%:  Dwellings 6 to 40 years old*

  *(option to increase to 50%)

Optional Coverages:

• Increased Limits – MS-RCC

  – Extended Replacement Cost 150%
     Coverage A

  – Coverage C - 70%

  – Coverage D - 40%

  – Enhanced unscheduled personal
      property limits

• Additional Coverage on Scheduled Personal Property

• Personal Injury

• Earthquake

• See Homeowners Underwriting Guidelines for additional optional coverages

A few things to keep in mind.....

Certain categories of personal property have limited coverage in a standard Homeowners policy.  Some examples are: money, securities, business property, watercraft, and theft of jewelry, furs, firearms, and silverware.  Additional coverage may be secured for an additional premium.  Beyond policy limits, there are some outright exclusions to your homeowners policy.  For example:

• Earthquake

• Flood

• War

• Nuclear Hazard

• Intentional loss caused by the insured

• The business pursuits of the insured

• The rendering or failure to render professional services

• Motor vehicle liability