Pacific Palisades Homeowners Insurance

Bromberg Insurance Services has been offering Pacific Palisades homeowners insurance for more than 47 years. We have committed ourselves to offering Pacific Palisades residents with good quality protection underwritten by top-rated insurers like Allstate, Fireman’s Fund and Chubb, just to name a handful. As home and company owners ourselves, we fully grasp the special requirements of homeowners in Southern California and strive to know the individual wants of each of our customers.

Pacific Palisades Homeowners Insurance Quotes

We offer several unique methods for you to get a quote for your homeowners insurance. The easiest way is always to call and speak using a licensed professional agent, or for a more extensive quote please complete the form on this page and an agent will prepare a detailed analysis of your existing policy and can make recommendations which may increase your coverage and possibly save you some money.

Homeowners Insurance at a Glance

There are actually two concerns when purchasing homeowners insurance in Pacific Palisades. The first concerns the actual value of one’s residence and its contents. The second concern lies with where your home is situated in the city.

Bromberg Insurance Services realizes that the single largest asset of many people is their house, and protecting that asset is a priority. Even so, it is very important to understand the many options offered so that you have sufficient coverage for the property in the event of a catastrophic loss. You’ll find four important categories that must be addressed to protect your home and these consist of:

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 Pacific Palisades 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.

Pacific Palisades homeowners insurance can become pretty complicated as a result of the particular dangers unique to this area. The Bromberg agency understands these risks and is prepared to advise you on ways to ideal handle them when protecting your home, your property and your financial future. We not give custom homeowners insurance but can meet your automobile insurance, motorcycle insurance, life insurance, health insurance, long-term care and commercial insurance needs.

Call today to speak with a trusted Pacific Palisades homeowners insurance advisor from the Bromberg Insurance Agency should you have immediate concerns, or feel free to put your name and number in the “Instant Call-Back” box and a licensed insurance advisor will contact you promptly.