Beverly Hills Homeowners Insurance

Bromberg Insurance Services has been supplying Beverly Hills homeowners insurance for 47 years. We have committed ourselves to offering Beverly Hills residents with high quality protection underwritten by top-rated insurance carriers including Allstate, Fireman’s Fund and Chubb, just to name a few. As house and business owners ourselves, we realize the one of kind needs of property owners in Southern California and strive to understand the individual demands of each of our clients.

Fast, Totally Free and Uncomplicated: Beverly Hills Homeowners Insurance Quotes Done Right

We supply numerous ways for you to obtain a quote on homeowners insurance. The easiest way is usually to call and speak to a licensed agent or for a more extensive quote use the quote form and an agent will prepare a detailed analysis of your existing policy and make recommendations that may enhance your coverage and possibly save you some money.

Becoming Aware: Homeowners Insurance at a Glance

You can find two principal issues when purchasing homeowners insurance in Beverly Hills. The first concerns the actual value of the dwelling and its contents. The second concern lies with where your house is situated. Bromberg Insurance Services realizes that the single largest asset of most people is their house, and protecting that asset is usually a priority.

Nonetheless, you need to recognize the different solutions out there to be able to supply sufficient coverage for your property in the event catastrophic loss. There are four main categories that should be addressed to be able to protect your property and these incorporate:

1) Property and Possessions Coverage which provides coverage for the dwelling and any personal property/contents that you want covered. The value of the property is determined by market value, while coverage is based on the actual cost to replace the structure. Because of fluctuating home values and variable construction costs, it is important to have an agent, like the Bromberg Agency, review your Beverly Hills homeowner’s insurance policy on an annual basis.

Personal property can be covered based on estimates of its current value and your policy should provide for replacement value of your possessions and not just actual cash value. While replacement value coverage is slightly more expensive, it gives you the ability to replace possessions instead of discounting their value, and leaving you with a rebuilt home and no furnishings.

High-value items such as jewelry, furs, fine art, collectibles, and antiques should be covered under separate riders to protect your investment. All homeowners should take the time to document their high-value items and maintain up-to-date appraisals on these items. Photographs and video tapes provide an excellent way to document the items in your home.

Important tip: Bromberg Insurance Services Inc. strongly suggests that any appraisals, photographs, videotapes, and copies of your insurance policies be maintained in a secure place away from your personal residence in case of disaster. A safe deposit box, fireproof safe/vault or in the safekeeping of an attorney are excellent options for protecting these items.

2) Liability Coverage provides homeowners with peace of mind from possible financial losses that may occur if someone is injured on your property. Most policies include a minimum of $100,000 of liability protection, which in many cases is inadequate.

Depending upon your financial net worth, it may be prudent to consider an umbrella liability policy, which can provide $1 million or more of protection for your home and automobile. This type of umbrella policy can cover additional forms of liability that are often excluded from traditional liability policies.

3) Theft of Property not on the premises often occurs when we are traveling and we carry valuable possessions with us. An off premises option in your homeowners insurance policy will protect items that may be lost, stolen or destroyed while traveling.

4) Additional Living Expenses are normally covered under your homeowner’s insurance policy in the event that your home is uninhabitable due to a covered event. However, it is important to make sure any additional living expenses provided under your policy allows you to maintain a suitable residence while your home is being repaired.

Beverly Hills homeowners insurance can turn complex quickly due to specific dangers that are unique to Southern California. The Bromberg Agency understands these risks and is able to advise you on the best way to cope with them when protecting your house, your household and your economic future. We not only offer custom property owners insurance but can meet your automobile insurance, motorcycle insurance, life insurance, health insurance, long-term care and commercial insurance requirements.

Call to speak with a trusted Beverly Hills homeowners insurance advisor from the Bromberg Insurance Agency if you have any concerns, or feel free to put your name and phone number in the “Instant Call-Back” box and a licensed insurance advisor will contact you as soon as possible.