Factors that may impact homeowners insurance

expensive to insure due to their age and condition. Homes with outdated electrical or plumbing systems or those in need of major repairs may also have higher rates.

Replacement cost

The replacement cost of your home is the amount it would cost to rebuild the home if it were destroyed. The higher the replacement cost, the higher the insurance rates may be.

Home features

Certain home features, like swimming pools or trampolines, may increase liability risk and therefore, increase insurance rates. Additional costs may also apply for home-based businesses.

If a homeowner has a pet, certain breeds of dogs may also factor in the increase of their insurance premium due to the increased risk of dog bites or other incidents. Claims history

If the homeowner has a history of filing insurance claims, their premiums may be higher due to the increased risk.

Insurance coverage limits

The amount of insurance coverage that is chosen can impact the rates. Higher coverage limits may result in higher premiums.

Consider these factors when shopping for homeowners insurance and compare rates and coverage from multiple providers to find the best option for you. Reach out to us so we can refer you to a trusted home insurance company.

This article first appeared on Broadpoint Properties’ website, https://servingsandiegocounty. com.

Submitted by Elisabeth Hartig Lentulo, broker associate, who can be reached at 760-5321057, elisabeth@ehlentulo.com or http://www.ehlentulo.com

CalBRE #01904564

ESCONDIDO – Homeowners insurance, or sometimes called home insurance, is a type of insurance policy that provides financial protection for a home and its contents in the event of damage, loss or liability.

It is important because it provides coverage for the repair of personal belongings or rebuilding of the home if they are damaged or destroyed. It can offer a homeowner peace of mind in case of unexpected events.

In San Diego County, events such as wildfires, earthquakes, floods and landslides have the potential to occur, and each of them necessitates additional insurance coverage to ensure adequate protection.

Home insurance typically costs around $974 per year, or $81 per month, for a policy with $250,000 in dwelling coverage, according to Bankrate.com. While it is not legally required, it’s better to be safe than sorry, so homeowners are highly encouraged to get a policy. Note that if you have a mortgage, your lender will require that you have a policy.

Several factors may impact a homeowner’s insurance.

Location

The location of the home can impact the insurance rates. Homes in areas prone to natural disasters like floods, hurricanes or earthquakes may have higher rates.

Home age and condition

Older homes may be more

Canyon Springs Enterprises given Well 37 contract

Joe Naiman Writer

Canyon Springs Enterprises has been awarded the Eastern Municipal Water District contract to construct Well 37 and an associated discharge pipeline.

Pool Home Coming Soon

Randy Record was not at the Wednesday, May 17, EMWD board meeting, but the other four directors all voted to approve a $6,309,000 construction contract with Canyon Springs Enterprises, which is based in Temecula. The board also approved a $287,700 engineering services contract with Krieger & Stewart, a $145,650 cultural and biological resources monitoring services contract with Helix Environmental Planning, and a $123,930 geotechnical observation and testing services contract with Inland Foundation Engineering. EMWD general manager Joe Moawad may administratively award other contracts for necessary consultants and suppliers, and the board authorized total new appropriations of $8,117,080.

Well 37 will replace Well 14, which is near the intersection of Mountain Avenue and Esplanade Avenue adjacent to the San Jacinto River in the City of San Jacinto. Well 14 reached the end of its useful life and was abandoned.

Turnkey Senior Home

rooms w/vaulted ceilings and a comfortable, spacious kitchen and family room that all open out onto the covered backyard patio, perfect for entertaining. Buyers may opt into Seven Hills Members Club that includes amenities such as a pool, spa, gym, clubhouse.

Offered at $430,000

The Maravilla Estates development south of Seventh Street, east of Ramona Expressway, north of Esplanade Avenue, and west of the Soboba Indian Reservation will subdivide 21.73 acres. The current plan is to have 166 single-family homes constructed. San Jac 55, LLC, currently owns the land and transferred a parcel to Eastern. The Well 37 site will be on that parcel. The well discharge pipeline and water service pipeline will be located adjacent to the San Jacinto River levee within the access road under a Riverside County Flood Control and Water Conservation District easement.

In September 2015 the EMWD board awarded Krieger & Stewart a contract for the preliminary and final design of the Well 37 facility and discharge pipeline. An amendment authorized in November 2018 covered additional engineering services to increase well capacity, add the capability to supply the 1807 potable water pressure zone, and add disinfection facilities.

EMWD advertised the construction contract for bid February 28. The deadline to submit proposals was April 4, and three companies bid on the project. Canyon Springs Enterprises submitted the lowest bid amount of $6,309,000. Pacific Hydrotech Corporation of Perris submitted a bid for $7,128,700, which was the second-lowest amount.

The engineer’s estimate for this project was $5,631,000. EMWD staff determined that the difference between the engineer’s estimate and the bid amounts is due to continued uncertainty in the market and supply chain issues. Canyon Springs Enterprises has previously performed similar work for Eastern to the district’s satisfaction. The construction contract duration is 700 calendar days from the contract start date.

Joe Naiman can be reached by email at jnaiman@reedermedia. com.

June 9 – 15, 2023