Homeowner’s insurance is an important yet complicated subject. Are there terms you don’t understand about insurance? How does a deductible work? What’s a claim? Texan Insurance Agents are here to answer your questions and educate you on how to find the best policies for you and your family. If there is a question you’d like to ask us, call one of our Texan Insurance agents or post on our Facebook wall!
Let’s start with the basics of homeowner’s insurance and the coverages it provides.
Homeowners’ Policies Provide:
- Damage to the interior or exterior of your house – In the event of damage due to natural disasters, vandalism, or other unpleasant situations, your insurer will compensate you so that your house can be repaired or even completely rebuilt. It is best to double-check with your Texan Insurance agent to see what kind of damage is covered in your policy. For example, flood damage is covered by your flood insurance policy.
- Loss or damage to your personal belongings – Clothing, furniture, appliances, and most of the contents of your home are covered if they are destroyed in an insured disaster. You can even get “off-premises” coverage so you could file a claim for lost jewelry, no matter where in the world you lost it. It is important to remember there may be a limit on the amount your insurer will reimburse you.
- Personal liability for damage or injuries caused by you or your family – This clause even includes your pets! In the instance that your dog may get out, get scared, and bite your neighbor, your insurer will pay for medical expenses. This may also offer protection against lawsuits. It is meant to protect you and your family from costly litigation.
- Hotel or house rental while your home is being rebuilt or repaired – It is thought to be unlikely you’ll ever need this protection, but if you do find yourself in a situation where your house has been completely destroyed (say, by a hurricane?) or that the damage left it uninhabitable, it will undoubtedly be the best coverage you ever purchased. Under this protection, if you have the need to rent another house or live in a hotel until your home is repaired or rebuilt this portion of coverage will reimburse you for the cost of rent, hotel, restaurant meals, or other incidental costs due to this situation. There is a certain limit to be aware of and something you should definitely speak to your Insurer about.
Texan Insurance agents are here to help you through this complicated process and help you choose the right coverage for you! Call today to get a home insurance quote.
