Here’s an overview of how the wildfires affect home insurance.
Today I’m joined by my friend Sam Lamb of State Farm Insurance to discuss an important and timely topic: How the current wildfires affect home insurance. As you can imagine, Sam’s phone has been ringing off the hook lately, so he’ll answer some common questions he’s been getting from concerned homeowners and explain what you need to know about your coverage.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety, or use these timestamps to browse specific points at your leisure:
0:41 — What are people’s main concerns and questions?
1:28 — Can you increase your coverage at the last minute?
2:27 — Does homeowners insurance just cover smoke damage or total loss?
4:54 — Is it advisable for you to get earthquake insurance?
6:34 — What earthquake insurance actually does for you
8:06 — Wrapping things up
As always, if you have questions about this or any real estate topic or are thinking of buying or selling a home soon, don’t hesitate to reach out to me. I’m happy to help.