Lower San Clemente Home Values Means I Can Lower My Insurance - Or Not
The OC Register has a great article concerning whether or not to reduce your home owners insurance because your home's value has declined. I have to admit it is something I hadn't thought about and this article is a good read if you are contemplating this decision. Here it is:
With house prices falling, cutting your homeowners insurance coverage to save a few bucks could seem like a good idea, but you might want to think twice, say the folks at the Insurance Information Network of California.
A recent survey conducted for the non-profit Insurance Information Network showed that 26% of Californians think they should reduce their insurance coverage because the resale value of