While living in Katy allows you to live the small-town life with all the conveniences of a big city nearby, you still need homeowner’s insurance like your big-city Houston neighbors.
Most Texan homeowners assume they are prepared for unforeseen circumstances that can affect the security, safety, and appearance of their homes like fire, flooding, and any number of other sudden misfortunes. But are you really? Chances are, you’re not as prepared as you should be.
You may not have a crystal ball to foresee the future, but having a solid backup plan and a homeowner’s insurance policy in place can provide a great deal of relief when the unexpected occurs. Understanding the best homeowners’ policy and coverage for your situation will help when life throws you a curveball, Texan can help with that.
Laying a foundation of protection for your home is a simple but important task that can save you thousands of dollars in the event of an emergency, and offers you the peace of mind that your home and family will be taken care of.
Your greatest investment is your home, and your family is surely your greatest priority. Ensuring they are both protected should a natural disaster hit your home is key to keeping your loved ones and your home safe. While some Texas home insurance policies may cover natural disasters, ensuring that you are fully covered for all possible occurrences is essential to your peace of mind. Here are a few things to consider when determining what type of disaster insurance you need.
Many homeowners are surprised to learn that their current home insurance policies do not cover natural disasters. There are some comprehensive home insurance policies that do cover occurrences such as floods, but if you have a basic policy, odds are you are not covered. Separate insurance for these types of disasters can be costly, but in general, there are three considerations to take into account when deciding whether disaster insurance is right for you—location, financial situation, and comfort level with the risk.
Home Insurance Covers You From:
Location — Depending on where you live, there may be a large or a small chance of encountering a natural disaster. With the occasional storm popping up in Texas, you want to make sure your home is covered from hail damage. Most areas of the country are at risk for some type of natural disaster, but living in Texas we tend to have all types of disasters. Preparing for all of them is a good idea.
Financial Situation — Typically you can choose larger deductibles on your homeowner’s insurance, but considering the potential damage, let’s say a hurricane can cause, what may seem like a high deductible can quickly be put into perspective when your entire home is destroyed.
Risk Comfort Level — The actual chance that your home may be affected by any particular natural disaster may be rather low, but assessing the actual risk and whether you would be able to handle the worst, should it happen, is an important issue for your peace of mind. The point of insurance is really to create a more stress-free life, and if the risk associated with damage due to a natural disaster is high then insurance may definitely be worth the price.
Overall, determining whether you need disaster insurance will depend on a number of variables, and seeking the advice of an insurance expert like Texan Insurance can help make the decision easier and stress-free. Call us today.
pays if your furniture, clothing, and other things you own are stolen, damaged, or destroyed.
pays to repair structures on your property that aren’t attached to your house. This includes detached garages, storage sheds, and fences
pays your additional living expenses if you have to move while your house is being repaired. Additional living expenses include rent, food, and other costs you wouldn’t have if you were still in your home.
pays medical bills, lost wages, and other costs for people that you’re legally responsible for injuring. It also pays if you’re responsible for damaging someone else’s property. It also pays your court costs if you’re sued because of an accident.
Did you know most home insurance policies don’t come with flood coverage? Flood insurance protects you from damage done to your home and personal possessions by rising water from an outside source like street flooding. It is NOT part of a standard homeowner’s policy and must be purchased separately. Recent weather events across Texas and the United States have demonstrated the devastation that flooding can cause, so it’s essential coverage to consider.
If you’re not in a high-risk area, you probably don’t spend a lot of time worrying about water damage to your home or property. But the fact is, approximately one-quarter of all flood loss occurs in areas considered to be low to moderate risk for flooding.
No matter how safe you think you are, houses in every type of location suffer flood damage. And recent changes in weather patterns have triggered numerous highly publicized cases of rivers and lakes overflowing and leaving supposedly “safe” zones deep underwater.
In fact, did you know that floods are the most costly natural disaster in the U.S. every year? Flood losses total more than a billion dollars annually. Thousands of families have not only lost their homes but suffered utter financial ruin due to flooding. Many mistakenly believed their homeowner’s policy would protect them, only to find out the hard way that the typical homeowner’s policy doesn’t cover flood damage at all. Learn more about flood insurance here.
We are a trusted home insurance broker in Katy. What does that mean for you? Not only do we know homeowner’s insurance, but we also know Katy! Our agency focuses on three principles: insurance expertise, personalized attention, and commitment to our customers. As an insurance broker, we offer a wide variety of products and services, and because we are affiliated with over 40 of the best insurance companies in Texas, we have the unique ability to provide you and your family a solution that meets your specific needs. Call Texan today!