California Homeowners Insurance

Whether you own a house, condominium or townhouse, for most people their
home is their most important investment. Cedarwood Financial & Insurance
Services of Davis, CA offers California homeowners insurance policies that
have flexibility to meet your individual needs and above all, provide you with the
security that comes only from the knowledge that your home is safe.

Insurance for your home is one of the most popular and important forms of
personal insurance and the typical California Homeowners Insurance policy has
two main sections:

Section I - insurance coverage for your property

Section II - personal liability coverage (to cover you in case of lawsuits arising
from things that happen on your property)

Homeowners insurance is often required by lenders to obtain a mortgage and
nearly everyone, whether you own or lease property, should have the protection
of California homeowners insurance.

California Homeowners Insurance FAQ

Click on the link below to fill out a secure quote request form for a California
Homeowners Insurance policy that will provide excellent insurance coverage
at an affordable cost. Or you can speak with our California Homeowners
Insurance specialist locally at (530) 753-0700, (707) 434-1700 or

(408) 226-7000 to discuss the features.

Click here to fill out a

California Homeowners Insurance

policy quote request form

We are a local Yolo County, CA insurance agency offering affordable California
homeowners insurance policy premiums in the following cities and counties: Davis,
Woodland, West Sacramento, Dixon, Winters, Sacramento, Elk Grove, North Highlands,
Natomas, Antelope, Citrus Heights, Fair Oaks, Carmichael, Roseville, Rocklin, Granite
Bay, Folsom, El Dorado Hills, Lincoln, Auburn, Vacaville, Fairfield, American Canyon,
Vallejo, Benicia, Martinez, Antioch, Pittsburg, Brentwood, Hercules, Concord, Pleasant
Hill, Walnut Creek, Danville, San Ramon, Dublin, Pleasanton, Livermore, Richmond,
Berkeley, Emeryville, Oakland, Napa, San Rafael, Petaluma, Rohnert Park, Novato, Los
Altos, Palo Alto, Menlo Park, Mountain View, Sunnyvale, Cupertino, Saratoga, Los Gatos,
Campbell, Santa Clara, San Jose, Morgan Hill, Milpitas, Fremont, Newark, Hayward,
Pleasanton, San Francisco, Solano County, Napa County, San Joaquin County, Contra
Costa County, Alameda County, Santa Clara County, San Mateo County, Marin County,
San Francisco County, Colusa County, Placer County, El Dorado County and
Sacramento County, CA. We also offer California homeowners insurance services
throughout the Golden state, including in the San Pablo Bay and San Francisco Bay area.

Personal Liability in California Homeowners Insurance

Personal liability in a California homeowners insurance policy is also an important
part of having security from accidents that may occur on your property. We
suggest you choose coverage limits that are not less than those on other liability
insurance you own, such as car insurance.

California Homeowners Insurance Policy FAQ

Click on the link below to fill out a secure quote request form for a California
Homeowners Insurance policy that will provide excellent insurance coverage at
an affordable cost. Or you can speak with our California Homeowners Insurance
agent specialist locally at (530) 753-0700, (707) 434-1700 or (408) 226-7000 to
discuss the features.

Click here to fill out a

California Homeowners Insurance

policy quote request form

Replacement Cost or Actual Cash Value Option in a
California Homeowners Insurance Policy

Covered losses under a California homeowners insurance policy can be paid on either
a replacement cost basis or on an actual cash value basis. When "actual cash value"
is used, the policy owner is entitled to the depreciated value of the damaged property.
Therefore, the older the item is, the less money you may receive for it. If you choose
the "replacement cost" coverage, the California homeowners insurance policy will
reinburse the amount it costs to replace the property with something of a similar type
and quality at current prices.

All Risks or Named Perils in California Homeowners Insurance

An "All Risks" policy provides the broadest California homeowners insurance protection
because it will cover losses that are due to any peril except those specifically excluded
in the policy. A "Named Perils" policy covers losses that are due to only those perils
listed in the standard California Homeowners Insurance policy and typically include fire,
hail, windstorm, and other physical losses.

California Homeowners Insurance Policy FAQ

Click here to fill out a

California Homeowners Insurance

policy quote request form

Coinsurance Penalty in California Homeowners Insurance

If your policy limit is less than 80% of the replacement cost of your home, you will
face a "coinsurance penalty," which means you'll have out-of-pocket expenses to
cover costs beyond the policy deductible you chose. For example purposes we will
assume your home's estimated replacement value (RCV) is $100,000. The co-
insurance clause requires you carry at least $80,000 (80% of your RCV). If you
chose to purchase only a $40,000 California Homeowners Insurance policy you
would be underinsured by half. Therefore, in the example the insurance company
would pay one-half of a loss less the policy deductible, so if you suffered a $10,000
covered loss to your house, condominium or townhouse and had a $500
deductible, your policy would only pay $4,500.

California Homeowners Insurance Policy FAQ

**The information, pictures, and other content in this website about particular insurance
services is only provided for informational purposes. Any decisions regarding your
insurance needs should be discussed with a licensed insurance agent.

Personal Liability

All Risks or Named Perils

Coinsurance Penalty

Replacement Cost or Actual Cash Value

California Homeowners Insurance Policy FAQ

Replacement Cost or Actual Cash Value

All Risks or Named Perils

Coinsurance Penalty

Personal Liability