Click to Call BBB Rating
Golden Way Insurance Services, Inc.

10092 Chapman Ave # 2
Garden Grove, CA 92840

Get Directions

How Often Should I Review My Home Insurance Policy?

You should give your homeowner’s insurance coverage every year. You can upgrade your coverage if you add significant valuables to your home or purchase a new policy if you move to a new city or state. 

You should also review your policy every time there is a major change in your circumstances, like buying a new home or marrying into a family with a spouse who has significant medical bills. Finally, you should review your policy whenever you have an emergency, like a fire or flood that causes significant damage to your home. Golden Way Insurance Services in Garden Grove, CA is here to help with expert insurance advice.

Home Insurance Policy: When To Review

While there is no set schedule for when you should review your policy, most experts recommend doing so at least once a year. If you experience a significant life event, such as a move, marriage, or the purchase of a new home, you should review your policy sooner. Additionally, if you make any significant changes to your home or lifestyle, such as installing a swimming pool, you must review your policy to ensure it still meets your needs. Depending on your life events, you may need to update your coverage. Second, look for discounts. Many insurers offer policyholders the opportunity to save money on their coverage by enabling certain policy features. 

Many insurers offer discount rates if you bundle multiple policies. If you make significant changes to your home, such as installing a swimming pool or adding an elevator, you may need to get a new policy or add an endorsement. Keep an eye on any changes in the market, such as spikes in natural disaster claims, and be sure to review your policy for accuracy and up-to-date coverages. If you make changes to your home, such as adding a swimming pool or purchasing a new piece of valuable equipment, you should review your coverage to make sure that you are adequately protected. 

Give Us A Call

While there isn’t a specific timeline for when you should review your policy, it’s important to stay up to date on any changes to your policy and make sure that your coverage still meets your needs. 

You may also want to review your policy if there are changes in your situation, such as a new addition to your family, a significant life change, or a major purchase that would be covered by your policy. For expert insurance advice, consult with Golden Way Insurance Services in Garden Grove, CA.

Time to upgrade your home insurance policy?

If you have owned your Garden Grove, CA area home for a significant length of time, it may be time for an upgrade to your homeowner’s policy. Golden Way Insurance Services is here to help you find the insurance policy that best suits your needs. Give us a call today!

Is it time to upgrade your home insurance?

When it comes to our homes, it’s important to have the right insurance in place at all times. This can be something that often falls through the cracks, as we often just renew the same policy year after year. If you have owned your home for a long period of time, and it’s been a while since you’ve taken a close look at your insurance, there’s no time like the present!

It is very typical for home values to increase over time. This phenomenon means that your need for increased insurance protection will also be true. Another aspect to consider is any work that you have completed on your home. Ideally, if you update a kitchen or bathroom, or add an extension to your home, you will increase your insurance coverage as you complete the work. If this did not occur, it’s more important than ever to give your current policy a close look.

Protecting your home with the right insurance, at the right level, is an integral part of responsible homeownership, and we can help!

Give us a call today, we can help!

Golden Way Insurance Services is here to provide residents in the greater Garden Grove, CA area with the insurance they need. If you’ve neglected your home policy for too long, and it’s time to upgrade, give us a call today. We look forward to helping you with all of your insurance needs.

What does homeowners’ insurance cover?

The standard homeowner’s insurance policy usually covers six general areas. As with most insurance companies, there may be some variation in terms of the details of what’s covered. However, the standard areas of coverage usually fall into six categories. Generally, homeowners insurance is designed to repair or replace your home if damaged. This type of insurance is generally a requirement if you have a mortgage. This insurance also protects the insurance company’s investment as the financier of your home, before it’s paid for. 

What’s Covered

Homeowners insurance provides protection for your home in the event that it’s damaged by some natural disasters as well as vandalism, theft, and other situations. Typically, a homeowners policy provides coverage for damage that may result from fires, smoke, theft, vandalism, lightning, wind, and hail. However, not every natural disaster is covered under a standard homeowner’s policy. For example, flood insurance may need to be purchased separately if you live in an area prone to flooding. The typical homeowners’ insurance policy covers several different areas.

 Areas of Coverage

  • Dwelling-The exterior and interior structure of your home and your property
  • Personal Property-The belongings inside of your home
  • Other Structures-Sheds, detached garages, and other structures on your property
  • Liability-This coverage provides legal protection if a guest is hurt or injured while on your property 
  • Medical Payments- Coverage that provides payments for guests that are hurt or injured on your property.
  • If the personal possessions of a guest are damaged while on your property, homeowners insurance provides coverage for situations like this as well. 
  • Loss of Use-If you have to leave your home and live elsewhere while it’s being repaired/renovated, loss of use coverage will provide money for this additional expense.

Basic Levels of Coverage

Coverage levels usually fall under three categories. These categories include actual cash value, replacement cost, and extended replacement cost or value. Potential homeowners should also note that lenders will more than likely require a homeowner to carry homeowner’s insurance. This is their way of protecting their investment in your home before it’s paid for. Our team at Golden Way Insurance Services is committed to educating Garden Grove, CA customers about the ABCs of homeowners insurance. If you have questions about homeowners insurance, give us a call. 

When to review your home insurance policy

Like so many things in life, home insurance is not static. You can’t just buy it when you purchase your home and then never think about it again. Things change, your life changes, your risks change. Taking these into account when you are renewing your home insurance makes good sense. At Golden Way Insurance Services in Garden Grove, CA we understand that change is not a bad thing. We work with our customers to make sure their home insurance is as up-to-date as possible and meets their changing needs.

When your home insurance renewal time arrives, you will be sent a new copy of your policy. The front page of that policy is your declaration page. This gives you all the pertinent information about your policy. It tells you what types and amounts of coverage you have. This is where to begin your review. 

Do you have enough coverage on your home? Keep in mind this does not cover your land. Could you rebuild your home in your neighborhood for the amount of coverage you have?  Have you made improvements that are not included? It is important that you know the answer to that question.

Check the amount and type of content coverage you have. Do you understand the difference between real cash value and replacement cost? It is an important difference.

Does your liability coverage make sense with the amount of risk you have and your net worth?  Should you have an umbrella policy to supplement your liability coverage?

Do you have any endorsement? Do you need endorsements?  Are your jewelry and electronics adequately covered?  Is your dog covered? These are all things you should review when you get your policy. Are there discounts you’re entitled to? Have you installed safety equipment? 

Contact Golden Way Insurance Services in Garden Grove, CA for all your home insurance needs. 

2 Home Insurance Policy Options Every Home Owner Needs To Know

Home insurance policies are intended to give you peace of mind in case something goes wrong with your house. No doubt you made sure you had home insurance when you bought the house. But, many homeowners don’t fully understand what exactly is covered and what is not.

The knowledgeable experts at Golden Way Insurance Services want to make sure homeowners in Garden Grove, CA have the coverage they need including understanding the importance of having gap insurance. So, what exactly is gap insurance. And, why is it so important to have?

Many homeowners are under the assumption that their policy will cover all the costs to rebuild in case of damage or destruction. That’s unfortunately not always the case, and this is where gap insurance steps in and is extremely important to have. Simply put, gap insurance steps in to fill in any cost gap in coverage.

There are a couple of gap coverage options every homeowner needs to know when looking to purchase home insurance. Here are two important options with potential scenarios to consider.

  1. Extended dwelling coverage – The costs needed to reconstruct a house is different than the market value of the home. Extended dwelling coverage steps in to help cover the construction costs when they are more than the policy limits in place.
  2. Building Ordinance or Law Coverage – When rebuilding after loss or damage, you will be required to follow the current building codes which have most likely become more strict over the years since you bought the house. If you have a building ordinance or law policy, you will be compensated for the difference.

Contact Golden Way Insurance Services servicing Garden Grove, CA to make sure you have the policy options you need.

Understand Your Homeowners Insurance Needs

If you have bought a home or rented a property in Garden Grove, CA, you need to understand your homeowner insurance. According to Golden Way Insurance Services, many people ignore this policy only for them to face some severe challenges when it comes to compensation. Here are some essential homeowners insurance needs that you should understand. 

Understand What is Covered

Some people do not know what is actually covered by the homeowner’s insurance policy. However, just like any insurance policy, homeowner insurance does not cover everything. There are very many aspects that are specifically excluded. You must understand what has been excluded so that you can have additional coverage for such uncertainties that have been specifically excluded. 

Understand What is Not Covered

When it comes to homeowners insurance, it is essential to indicate that the policy covers all the exterior walls and anything inside the building. However, some homeowner’s insurance policies are particular on what should be covered inside the house. As such, you need to understand what items are not covered so that you can negotiate with your insurance company for coverage. 

Understand the Need for Disclosure

Homeowners’ insurance operates based on good faith, which means that you have to disclose everything inside your house so that the insurance company can professionally assess the risks and the premiums you are supposed to pay. If you do not disclose all the necessary details, you might experience some challenges when looking for compensation on items you had not disclosed.

Golden Way Insurance Services helps families looking for homeowners insurance in Garden Grove, CA. You can contact us today for professional assistance and guidance on choosing reliable homeowners insurance. 

Should I get home insurance in California?

If you are in the Garden Grove, CA area, there will be a lot of different forms of insurance that you may need. Any property owner in this area of the state needs to ensure that they get proper insurance coverage for their home. There are a few important reasons why the typical property owner needs to get a home insurance plan. 

Insurance is a Requirement

A lot of people here need to get a home insurance plan because it is a requirement. If you are going to buy a home, you will likely be required by a mortgage lender to carry home coverage until the loan is repaid. Additionally, those who live in a community governed by a home association will also likely have home insurance obligations that need to be met. 

Insurance Offers Important Coverage

Even if you do not have insurance requirements, getting this protection is still a good idea. When you own a property, your home insurance plan can offer precious insurance coverage to ensure you can repair your home if it is damaged. Additionally, the plan will give some valuable coverage for liability risks and can offer protection for your personal assets. 

Those who will purchase a home in the Garden Grove, CA area clearly need to get proper insurance for it. As you are shopping for a new plan here, Golden Way Insurance Services is a great resource to contact. Picking the right plan is very important, and Golden Way Insurance Services can help you assess all of your needs and options. This will help ensure that you get properly covered with a plan that also offers you peace of mind. 

What Happens If Someone is Injured At My Home?

One of the most important reasons to carry home insurance is that it comes with an added amount of liability coverage. While this type of insurance protects you against many things, it also helps provide monetary assistance to anyone outside your immediate family who is injured while visiting your home.

For example, if a delivery person slips on your cracked driveway and breaks their arm, your home insurance might cover a portion of their medical bills. Likewise, if your dog bites your child’s friend, this could also be covered.

So, what steps should you take if a situation like this occurs? Here’s what to do if someone is injured while visiting your Garden Grove, CA home.

Step #1: Medical Treatment

Before anything else, make sure your guest gets the medical treatment they need. If this is a major incident, call emergency services immediately. For something minor, they can opt to visit their local physician. If they feel they aren’t seriously injured enough for treatment, take note of this.

Step #2: Call Your Trusted California Insurance Agent

Next, you’ll want to give our team at Golden Way Insurance Services a call. We can help you decide whether the incident needs to be reported to your homeowner’s insurance carrier or if it is still too soon to decide. If it is necessary to file a report, we’ll help you get this done.

Step #3: Discuss the Situation with Your Home Insurance Company

If your guest’s injuries are major or they are seeking treatment with a physician, your home insurance company will let you know the next steps necessary in filing a liability insurance claim. They will likely assign a specific adjuster who will ask you about the incident and the person involved in the claim.

Not sure what your current liability limits are on your home insurance? Please contact our Golden Way Insurance Services team in Garden Grove, CA today to schedule an appointment.

Do I need a home inventory

Garden Grove, CA is a nice local in Orange County just 35 miles southeast of Los Angles and 8 miles away from the Pacific Ocean. With a total population of 174,000 and a median age of 38, it is a great place to call home. It is one of the most affordable places to purchase a house in the area. If you are a homeowner, you will need home insurance, and at Golden Way Insurance Services, our staff has years of experience providing caring customer service to all of our clients. 

The answer to the question, "do I need a home inventory?" is yes. Because even in a great place like Garden Grove, CA, bad things can happen. When you need to file a claim against your home insurance policy, and they want to know what you have lost, it can be traumatizing. After you have dealt with a loss, the last thing you need is more stress. Having your home inventory already done can make the process go much more smoothly.

You don’t need to do anything too tricky, just take a pad and walk around your home and write down what you have, Go into your closets and drawers and even into your attic and basement. Take an inventory of your linen closet, your kitchen cabinets, and your holiday decorations. When the time comes to provide your insurance company with this list, you will be glad you took the time to do it. Include as much detail as possible, serial numbers, models, and if you have receipts, attach them. 

It is much better to do a home inventory and not need it than not do one and need it. At Golden Way Insurance Services in Garden Grove, CA, we are here to help you with all your insurance needs. Call us or stop by our office for a no-obligation quote. 

Our Partners


  • ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
  • AMCO INSURANCE COMPANY
  • AMERICAN GENERAL LIFE INSURANCE COMPANY
  • AMGUARD INSURANCE COMPANY
  • ANTHEM BLUE CROSS LIFE AND HEALTH INSURANCE COMPANY
  • BLUE SHIELD OF CALIFORNIA LIFE & HEALTH INSURANCE COMPANY
  • BRIGHTHOUSE LIFE INSURANCE COMPANY
  • CRESTBROOK INSURANCE COMPANY
  • FIDELITY & GUARANTY LIFE INSURANCE COMPANY
  • FIRST AMERICAN PROPERTY & CASUALTY INSURANCE COMPANY
  • FOREMOST INSURANCE COMPANY GRAND RAPIDS, MICHIGAN
  • HEALTH NET LIFE INSURANCE COMPANY
  • INDEPENDENT ORDER OF FORESTERS (THE)
  • KAISER PERMANENTE INSURANCE COMPANY
  • LIBERTY INSURANCE CORPORATION
  • LIBERTY MUTUAL
  • LIFE INSURANCE COMPANY OF THE SOUTHWEST
  • MUTUAL OF OMAHA INSURANCE COMPANY
  • NATIONWIDE INSURANCE COMPANY OF AMERICA
  • NORTH AMERICAN COMPANY FOR LIFE AND HEALTH INSURANCE
  • PROGRESSIVE CASUALTY INSURANCE COMPANY
  • PRUCO LIFE INSURANCE COMPANY
  • REDWOOD FIRE AND CASUALTY INSURANCE COMPANY
  • STILLWATER INSURANCE COMPANY
  • TRANSAMERICA LIFE INSURANCE COMPANY
  • WESTERN SURETY COMPANY