8 Important Home Insurance Issues for Simi Valley Buyers & Sellers

Selling & Buying Simi Valley Real Estate? These 8 issues can make or break your sale or purchase of Simi Valley Property.

Insurance Check List:

1. Is the Simi Valley property near or close to open space? Is this a issue with you or your buyer’s current insurance company?
2. If you or your buyer are transferring to Simi Valley from another state, is the insurance company you or your buyer are currently with, writing homeowners insurance in Simi Valley California?
3. Does the buyer have a breed of dog that their insurance company does not cover or creates issues?
4. Do you or your buyer have excessive losses on previous properties that makes you or your buyer ineligible for most insurance companies?
5. Is the Simi Valley property in a flood zone where the lender is going to make you or your buyer obtain flood insurance?
6. Are you or your buyer planning to use part of the Simi Valley property as a business, which would make you or your buyer ineligible for homeowners insurance through a traditional company?
7. Is the Simi Valley home in an association? (Loss assessment coverage should be included in the homeowners insurance coverage).
8. If the Simi Valley home is written through California Fair plan, have you or your buyer also obtained a company to write the “Companion policy”?

Thanks for reading Simi Valley’s Premiere Real Estate Blog!
Author – Ted Mackel Simi Valley Real Estate Agent – Keller Williams Realty
Ted Mackel is a top producer at Keller Williams Realty Simi Valley,
specializing in Simi Valley Real Estate
(805) 432-7705