Summer is in full swing, and if you live in California, it’s a time when wildfires can be a threat. Your home is often your biggest financial investment, so it makes sense to protect it with home insurance.
Home insurance can cover damage caused by a wildfire, smoke, and the water used to put a fire out. An important thing to remember when you purchase home insurance is to make sure it provides enough coverage to re-build your home from the ground up in the event of a disaster.
It’s also a good idea to review and update your coverage regularly. You might have recently renovated your home, or added a deck, which might have increased the value of your home. The cost of building materials also goes up over time. It might be wise to get into the habit of reviewing your coverage before the start of each summer, so your policy is kept current on a yearly basis.
Don’t forget that while home insurance might protect your finances, nothing can make up for it if you or a family member is injured in a wildfire. Make sure you have an evacuation plan in place, and make sure your property is as fire proof as you can make it.
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