When most people think of their home, the first thing that comes to mind is probably the main structure, the house itself. However, in insurance, the home is far more complex than a single structure.

California homeowners often ask themselves what exactly their home insurance covers. Murvay Insurance can help them answer that question and any other questions related to home insurance.

What is covered by home insurance?

The primary type of homeowners policy sold in California has two main sections divided into several sub-categories. The first section can be thought of as the property coverage section. The second section covers liability. We will focus on the property coverage section to answer the question of detached structures.

What is covered by property insurance?

This section has two sub-categories: Dwelling and Other Structures.

Dwelling coverage is designed to protect your home from damages that may occur due to a covered peril. Covered perils include fire, lightning, windstorm, and hail. They also have certain types of vandalism.

Note: Some companies do not cover all of the example perils listed above. Always pay close attention to the exclusions that are listed in your policy.

Other Structures coverage is designed to protect your other structures not attached to your home. Things considered Other Structures include fences, sheds, outbuildings, and guest houses. These structures are protected against the same perils as your home. However, Other Structure’s coverage typically limits a certain percentage of your home’s coverage.

Are you a California resident with another question about home insurance? Reach out to the experts at Murvay Insurance today!

Protecting your home means more than just installing a security system and locking up at night. A solid home insurance policy is one of the best ways to protect the investment you have made. At Murvay Insurance, serving Newport Beach, CA, we can help you better understand this vital type of coverage. Keep reading to learn about some home insurance do’s and don’ts that you should be aware of. 

Do Compare Rates

It would be best if you spent some time comparing the rates of different companies. This will be an essential long-term expense that you will invest in. You will want to make sure you are getting the best deal. 

Don’t Settle For General Coverage Amounts.

When you are ready to purchase a home insurance policy, you should know that there are both generic and customized coverage amounts. A general coverage amount will include a benefit amount that would equal the expense of repairing or replacing your home should it be lost or damaged. However, this amount of coverage will not consider the value of your personal belongings or anything of value on the property.

You will want to sit down with an insurance agent to get customized coverage. This professional can help you calculate the value of the belongings and upgrades that may have been done to the home.

Do Install Security 

Installing a security system could help you save on home insurance costs. The more you make sure your home is safe, the less of a risk you are to the insurance company. 

Don’t Let Insurance Lapse.

It is imperative that you always make payments on time to not experience a lapse in coverage. 

If you would like to learn more about our services, don’t hesitate to contact us at Murvay Insurance, serving Newport Beach, CA, and the surrounding areas. 

California is a beautiful place to live with picturesque beaches and sunny weather almost year-round.  Armed with this information, home insurance would most likely be the last thing on your mind.  Who needs it?  It never rains here!  What could possibly happen to the house?  These questions and more are normal for those debating whether to get home insurance or not.  One thing to keep in mind, it doesn’t matter where you live in the world, there is always a calamity that could happen to your home.  Murvay Insurance in Newport Beach, CA offers many options for home insurance and other insurance needs.

California may seem like the perfect locale to own a home with minimal rain and storms and warm weather year-round in the southern half.  However, there are catastrophic events that are unique to California and the two biggest are earthquakes and landslides or mudslides.  Many times, these two go hand-in-hand when powerful earthquakes strike and mudslides follow afterward.  Florida has a somewhat similar climate, albeit with a tropical slant to it, but even Florida is not without issues of its own with the threat of tropical storms and hurricanes.  The overall point to this is that there is no “perfect” place in the world to live in without the threat of damage to your home from an event.

Home Insurance

Home Insurance can cover catastrophic events from storm damage to floods to mudslides and earthquakes.  You may need to possibly add earthquake, mudslide, and flood coverage to your home insurance policy on a rider during your initial sign up for home insurance.  Having coverage against these possible outcomes is the best peace of mind that you can buy.

More Information

You can find out more about home insurance by contacting Murvay Insurance in Newport Beach, CA today!

If you have acquired a new home in Newport Beach, CA, home insurance is the next best investment to consider. While home insurance isn’t required by law, it can save you enormous losses when the unexpected occurs. 

Unfortunately, understanding home insurance can be challenging, especially for new homeowners. Thankfully, you don’t have to scratch your head trying to figure out where to start. Murvay Insurance is here to share basic facts that you must know about your home insurance plan.

Know what it covers

Do you understand what your home insurance covers? It’s very crucial to know what you are paying for. This way, your claim process becomes seamless when a covered peril strikes. Typically, your home insurance covers your property and its contents. Besides, it provides liability and loss of use coverage. However, check your policy document to see what is covered by your policy.

Know home insurance exclusions

Just like it’s crucial to know what home insurance covers, it’s equally vital to understand what it excludes. This information enables you to know what endorsements you can purchase to boost your policy. Generally, typical home insurance excludes damage from floods, earth movement, intentional acts, government actions, war, pest and mold infestation. 

However, the list is just a guide. For extensive information, refer to your policy document. 

Take inventory of your assets

You may assume that you don’t own valuable belongings, but you may be surprised after an inventory count. Go from room to room, basement, attic, and closets to take stock of everything you own. An inventory count is pivotal when insuring your contents and when filing a claim. 

Consider endorsements

If your home insurance doesn’t cover specific risks that could be troublesome to you, consider “riders” or “floaters” to boost your policy. For instance, you must add a flood insurance policy to your home insurance coverage if you live in a flood-risk area.

Still want to learn more about home insurance? Would you please get in touch with Murvay Insurance? Else, you can visit our Newport Beach, CA offices to chat with one of our agents.

Your home insurance is a lifesaver. It protects you against many perils, ranging from theft, fire, vandalism, riots to numerous natural calamities. However, as you rest easy knowing that you will file a claim for every catastrophe, there are perils that your typical home insurance policy won’t cover. Therefore, just as important it is to know what your home insurance covers, it’s equally paramount to know what’s not covered. This way, you won’t be in for a surprise when filing a claim. 

To that end, Murvay Insurance of Newport Beach, CA, shares problems that your home insurance doesn’t cover. 

Certain natural disasters

One of the biggest blunders you can make is assuming that your home insurance protects you against all natural disasters. For example, while your home insurance will cover you against hail, lightning, and other natural disasters, typical home insurance doesn’t cover flood and earthquake damage. 

With this in mind, if you live in locations where earthquakes and floods are frequent, you need stand-alone coverages to protect your home. 

Water damage: It’s tricky here

Water from floods isn’t the only headache you have to deal with. While home insurance covers your home against water damage from busted pipes and leaking roofs, some types of water damage are typically excluded.

For instance, if heavy storms, debris, and malfunctioning sump guards cause water backups through sewers, any damage arising from water damage isn’t covered by your typical home insurance. 

Neglect

Home insurance expects you to maintain your home properly. As such, any neglect won’t be covered. For instance, if you fail to turn your heat on and a pipe bursts due to freezing, your claim could be denied. 

Normal wear and tear

Home insurance safeguards you against accidental problems such as a tree falling on your house or an electrical mishap that causes fire. However, home insurance won’t cover deterioration of your home resulting from regular wear and tear.

Are you looking for more information on home insurance? Please contact Murvay Insurance. Besides, you can visit our Newport Beach, CA offices to speak to one of our agents. 

Ever wonder why you need home insurance and why it’s important? Put simply, a home insurance policy can cover the cost of loss or damages for your home. Home insurance helps with the cost of those repairs, which may be from natural disasters, vandalism, or theft. A home insurance policy can also cover property liability and guest injuries, depending on the plan you choose based on your personal wants and needs.

Home insurance policies can include fire insurance, renter’s insurance, as well as coverage in case of a flood and tornado, or other natural disasters. There are a variety of home insurance policies that you can combine depending on your home type and where you live. Natural disaster coverage and liabilities vary by state, so make sure to get in touch with an agent in your area. If you are in the Newport Beach, CA area, Murvay Insurance can put together the perfect policy for you and your insurance needs and customize your coverage based on your needs.

Having a full-coverage home insurance policy equals peace of mind for you and your loved ones. Proper home coverage takes the “what-if” out of many real-life situations, meaning you can get back to enjoying your life. Thinking ahead is always important, especially when it comes to your and your family’s wellbeing and belongings. Home insurance policies can potentially help you with legal fees, as well as cover your expensive and irreplaceable keepsakes and items, so they are worth considering.

Murvay Insurance is serving the Newport Beach, CA area, and are prepared to cover all of your home insurance needs and questions. Give the office a call to find out more about your home insurance policies and options!

With natural disasters on the rise, it’s important homeowners be prepared at all times. Make sure your home insurance is up to date and provides the protection you need against disasters. Here are a few more tips from Murvay Insurance on how to prepare your Newport Beach, CA home for disasters.

Fortify Your Abode

Keep up with home maintenance that will fortify your dwelling against disasters. This includes your roof, windows, exterior doors, and garage door. An old roof or outdated windows increase your risk of interior damage from severe rain, wind, or hailstorms.

Survey Landscaping

Survey your landscaping to see if large trees or other structures pose a threat to your home in a disaster. Find a safe place to store lawn furniture, potted plants, garden decor, and kids’ toys to avoid these becoming projectiles and causing damage to your home.  

Create an Evacuation Plan

Become familiar with potential disasters that can strike your area and create an evacuation plan for handling each. Your plan should include where to meet in the event you get separated from other family members, a safe location where you can stay, and how you’ll stay in touch.

Pack a “Flee Bag”

Sign up for emergency alerts on your cell phone to receive updates on potential disasters. Have a “flee bag” with basic essentials and important documents ready to go to expedite your escape in a disaster.  

Stock Up on Emergency Supplies

If you plan to shelter in place, make sure you have emergency supplies. This includes bottled water, non-perishable foods, medications, first aid kit, flashlight with batteries, and a portable radio. Keep your cell phone fully charged to communicate with emergency crews or family members when needed.

For the home insurance coverage, you need to protect your Newport Beach, CA home against disasters, contact Murvay Insurance today.

It’s hard to explain the Southern California lifestyle to those in other parts of the country. Still, Newport Beach, CA is an iconic destination point for those wishing to visit the area.  For homeowners who call this beach community home, purchasing home insurance from a trusted insurance broker is the key to protecting your property and protecting your investment.  Here at Murvay Insurance, we make insuring your Newport Beach, CA home easy, so you can leave that house and enjoy the southern California lifestyle.

Insuring Your Newport Beach, CA Home

Home insurance is your buffer against a host of liabilities.  To begin with, a property liability policy will cover damage to your home owing to a range of reasons.  However, you will want to sit down with our Murvay Insurance agents to discuss specific coverage, and whether a standard policy will cover your needs. 

A dwelling policy protects your home against damages caused by the ravages of Mother Nature.  This policy will help you repair your house, should it be damaged.  Typically speaking, flood and fire insurance requires a separate home owner’s policy, and we can certainly make sure that you have the coverage you need in either of those events.

Finally, a comprehensive home insurance policy will protect you against liability claims should someone get hurt or injured on your property.  This coverage will pay for resultant medical expenses as well as any legal fees you might incur if an injured guest decides to sue you and your family.

Contact Our Friendly Team at Murvay Insurance

If you have questions about protecting your Newport Beach, CA property, we have friendly insurance agents looking forward to answering those questions, so you can make the most informed decision possible.  Home insurance is a critical component of your overall financial picture.  As your most substantial investment, you want to make sure that it is safe regardless of the situations thrown at it from fires to injuries to all liability concerns in between, and Murvay Insurance wants to be there with you to help make that coverage a reality.

Home insurance is one of the best ways to protect your investment if you purchase a home. It is somtimes a requirement that homeowners have home insurance if they are financing, but even after the home is paid for, it is wise to never let the insurance policy lapse because there are always risks to consider. Without adequate insurance in place, you can incur massive losses as a result of things such as fire, theft, and of course, natural disasters and storms.

What is Wind-Driven Rain? 

Wind-driven rain is rain that causes damage to a home as a result of being pushed into the structure by the wind. This happens during storms such as tornados, severe thunderstorms, and hurricanes. Generally, this type of damage is covered by most home insurance policies. Before selecting a home insurance policy, be sure to ask your insurance agent to explain exactly how each policy is designed to protect against this risk and what the limits of coverage are for storm damages.

Working With a Skilled Agent

The best way to protect a home from storm damage is to have the right type of home insurance in place. Working with an insightful insurance agent is the most effective way to determine which policies work best for a certain situation. They can help clients determine their current needs and match them with insurance providers who can give them complete coverage against a variety of storm-related threats year-round. People who live in the Newport Beach, CA area can count on Murvay Insurance to work with them to find solutions to their insurance needs. 

Call or stop by the Murvay Insurance office today to speak with an agent about home insurance options. We look forward to serving residents of Newport Beach, CA to help protect their home. 

 

 

The Newport Beach, CA area is a beautiful part of the country and also a great place to buy a home. If you are going to purchase a home in this part of the country, you will want to make sure that you are properly protecting it with home insurance. There are several reasons why you will need to have home insurance in California. 

Required by Lender 

One reason why you need to have home insurance is that it could be required by your home lender. If you have a mortgage, there is a good chance that your lender is going to require that you carry home insurance at all times. To ensure that your property continues to be properly covered at all times, many lenders will also require that you escrow your home insurance payments each month with your mortgage payment.

Association Rules

Many people in the Newport Beach area are also subject to a variety of home association agreements. These agreements often require that you have home insurance and provide evidence of it each year. The associations want you to have insurance as it will ensure you have liability coverage if you or your property causes damage to another and that you can rebuild your home if it is damaged by a fire or bad weather. 

If you are going to buy a home in Newport Beach, CA, you need to have good home insurance in place at all times. One company that can help you to do this is Murvay Insurance. When you work with the team at Murvay Insurance, you can learn a lot more about all of the home insurance options that you have. This will help you to choose the right policy for your situation and needs.