Texas Homeowners Insurance is expensive. No doubt as Texas consistently ranks as one of the most expensive states in the country for homeowners insurance. This is in most part due to the weather that we experience. We are subject to hail storms, severe rain, tornadoes, and other weather situations that cause our rates to go up due to higher claims. ConXis Insurance Services understands this and an independent agent has access to multiple carriers that can lower your rate on your Texas Homeowners Insurance. We can help.
Typical Texas Homeowner Insurance policies offer coverage for damage caused by fires, lightning strikes, windstorms, and hail. But, it’s important to know that not all-natural disasters are covered by Texas Homeowners Insurance. For example, damage caused by earthquakes and floods is not typically covered. You would be required to purchase separate earthquake and flood insurance policies to help protect your home and belongings against those types of risks.
Liability Coverage – The personal liability coverage within your Texas Homeowners Insurance policy provides coverage for bodily injury and property damage sustained by others for which you or covered residents of your household are legally responsible.
Personal Property Coverage – Homeowners insurance doesn’t just help cover damage to your home. It may also provide coverage for the personal belongings you keep within it. Suppose your electronics are stolen from your home or your furniture is damaged by a fire. Personal property protection may help pay to repair or replace your property if they are damaged or destroyed by a covered risk. Many insurers offer optional coverage that may further help protect the items you own. For instance, you may be able to purchase extended coverage for items such as jewelry, watches, and furs that have values above your personal property coverage limits.
Other Structure Coverage – Most Texas Homeowners Insurance policies also include coverage for other structures that are on your property but separate from your home, like a detached garage, tool shed, or fence.
Coverage Limits and Deductibles – Keep in mind that each coverage in a homeowners insurance policy is subject to a limit simply means the maximum amount your policy would pay toward an occurrence or property item for a covered loss. It is important to review your agent your coverage needs so he can take your unique needs into account. For example, the value of your home and belongings and how much it may cost to repair or replace them if they are damaged or destroyed by a covered risk. In most cases, you will typically have to pay your deductible before your insurance benefits start to become active. Read your policy or contact us to review your coverage limits and deductibles. You can typically adjust them to fit your needs.