The assessed value is an estimate of a property’s worth made by the local tax authority. It is used to determine how much property tax the owner needs to pay. It is important in the insurance world because it influences the cost of policies and the type of coverage you may need.
Reasons for its importance:
At PSIC, it’s important for you to know the assessed value of your property so you can manage your finances and protect your home properly. If you have questions about how this value affects your policy, consider reaching out to an insurance adjuster or a real estate professional.
This knowledge will help you ensure you get the right compensation and cover any potential loss of use.
Understanding these details can give you peace of mind and confidence in your protection choices. We know that navigating insurance can be overwhelming, but you don’t have to do it alone. Your home is important, and we want to help you safeguard it effectively!
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Privacy Notice at Collection for CA employees
Last updated: June 27, 2023
We take the privacy of our employees and applicants very seriously. Please read this notice carefully as it contains important information on the personal information that we collect, why we collect it, how long we keep it, and that it is not sold to third parties.
Other terms used but not defined will have the meaning set forth in the CCPA, as amended by the CPRA, Cal. Civ. Code §§ 1798.100—1798.199.100, and accompanying regulations set forth under Cal. Code Regs. tit. 11, § 7000 et seq.
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Purposes for Collecting and Using Your Personal Information
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We will not retain your personal information for longer than necessary for the purposes set out in this notice. Different retention periods apply for different types of personal information.
When it is no longer necessary to retain your personal information, we will delete or anonymize it.