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  • Cathi & Ben Walter
  • Sales & Marketing Specialist, Realtor
  • 44530 San Pablo, Suite 101
  • Palm Desert, CA 92260
  • P: (760) 218 – 5752
  • F:
  • E: Cathi@DesertAreaHomeFinder.com
  • DRE# 01346930
  • Contact
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A Message From Cathi & Ben...

We hear similar stories repeated in different ways from our clients; At first, they look forward to stolen weekend's to golf & relax in the desert - they gradually discover they're crafting ways to spend more time here until it becomes clear, life just doesn't get any better than this."

Once that realization hit's, the process of change begins... We know what an extraordinary commodity your home is - buying or selling a home can be one of the most important decisions you will make and having the right team on your side will make the difference.

We specialize in homes throughout the Palm Springs Valley including Palm Desert Real Estate & Homes, Indian Wells Real Estate & Homes, La Quinta Real Estate & Homes, Rancho Mirage Real Estate & Homes, Palm Springs Real Estate & Homes& Indio Hills Real Estate & Homes. Whether you want to buy or sell an estate, lock & leave property with income potential, a resort property, land to build your dream home, or a property located in a country club or golf community we know the desert and are here to help. Our motto, If its important to you, it's important to us, guides us as we help our clients buy or sell a home in the desert.

Thank you for visiting DesertAreaHomeFinder.com, we hope you find our site helpful and we look forward to speaking with you it's easy, just click on the picture of a cell phone in the upper right corner of this web site and it will ring our cell phone directly.

Personal Messages

Buying Homeowners Insurance

The Real Estate Corner

Q. What should we know about buying homeowner’s insurance?

A. Getting homeowner’s insurance should be a fairly simple process. Your goal is to get enough coverage to rebuild your house and replace the contents in the event of a total loss of your home. Along with insuring your house, you also need protection in case someone is injured on your property and sues you for maximum damages. Some agents will pull a “quickie” assessment based on your location, the size of your mortgage, and the number of rooms in your home. This can be risky at best, so here is some insider information on how the insurance industry will gauge your homeowner’s policy.

The insurance industry classifies homeowner’s policies on a scale of 1 to 8, tagging them as, for example, “HO-3.” Each level defines a different type of policy, separated by what they cover. Here is a brief list of HO1-8 policies.

HO-1, HO-2 – These basic policies cover from 11 to 17 named perils. Named perils can include fire, lightning, riot, theft, vandalism, falling objects, snow and ice damage, and faulty electrical and heating systems.

HO-3 – This homeowner’s policy is broader and more practical for most people. HO-3 policies protect against all perils except the ones explicitly excluded from the policy. Earthquakes, floods, and nuclear accident are usually excluded.

HO-4 – This level is excellent for renter’s insurance that covers your possessions from 17 named perils, but excludes the structure itself.

HO-6 – If you buy a co-op or condominium residence this level of insurance covers personal property and adequate liability coverage.

HO-8 – If you have an antique or landmark-class home, you may not be able to get a guaranteed replacement policy. Companies figure the cost of rebuilding this type of home with the original materials and craftsmanship to be impossibly high. This policy covers against 11 named perils and will repair damage (with no guarantee on materials quality), or pay you the actual cash value of your home.

It will be important to position your home correctly for the marketplace, if you’re thinking about selling your home, or you have had your home on the market and it didn’t sell – give us a call, we can help. (760) 218 – 5752

The Real Estate Corner is a monthly article published in Desert Living newsletter for the Palm Springs Valley – to receive a copy send your email address to: Cathi@CathiWalter.com.

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Get In Touch

  • Cathi & Ben Walter
  • REALTOR ®
  • 44530 San Pablo, Suite 101
  • Palm Desert, CA 92260
  • P: (760) 218 – 5752
  • E: Cathi@DesertAreaHomeFinder.com
  • CalBRE# 01346930

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