3 Types of Homeowners Insurance Coverages That You Should Become Familiar With
Homeowners insurance is something that all Texans who’ve recently purchased a new residence should know about. Although we typically associate this type of insurance to protecting our homes against occurrences like fires, hurricanes and floods, there are other factors where your policy will come into play, like liability, dwelling insurance and personal property insurance.
If you don’t already have insurance in place for your home, then now is the time to act. It may seem like a hassle having to scourge the Internet for the perfect policy, but that’s what we’re here for! Read on to learn more about finding insurance for your home.
Contact our insurance agency in McAllen to learn how we can help you find the perfect insurance policy for your home, vehicle or business today!
What Does a Homeowner’s Insurance Policy Cover?
If you’re new to purchasing homeowners insurance, then finding the right policy is a process that can take some time and even professional help. The most important thing to know about this type of insurance is that there are many different subtypes. The most common include:
- Dwelling Insurance: This protects your actual home in the case of a fire, theft, vandalism or natural disasters. This can also cover items on your property like sheds and fences.
- Liability Coverage: This type of coverage protects you as a homeowner should a guest of yours suffer injury while on your property. It primarily helps to offset any medical costs up to a certain point from injuries suffered by guests. Additional forms of liability are available, just give us a holler so we can go over them together.
- Personal Property Insurance: This covers prized-possessions within your home. This can include family heirlooms like jewelry or furniture. Of course, it’s highly recommended that you save receipts, record what these items are and go over them with our insurance agents to determine how this policy should be applied.
Will I Need to Purchase Additional Coverage?
Depending on where you live, the type of coverage you’ve purchased and whether or not you’re financing your home through a lender can determine if you’ll need to purchase additional coverage. If you live within one of the 14 coastal counties along the Gulf of Mexico in Texas, for example, windstorm coverage is typically not included in homeowners insurance policies, meaning you’ll have to purchase it separately. For a better understanding of this, contact us.
Get the Process Started Now
It’s almost never too late to purchase a homeowner’s insurance policy. The only time an insurance company will not sell a policy is when there’s an incoming storm, such as a hurricane or tornado, in your area, whereby companies will put a moratorium on selling policies until the danger has passed.
Reach Out to Us Today
We know that finding the right policy for your home can be tough, but with our insurance agency in McAllen on your side, it doesn’t have to be. Contact us online or stop on by to find out how we can help you find the perfect policy for your home, vehicle or business today!
Motorcycle Riding: A Few Important Facts and Statistics You Should Know
May 14, 2019
Distracted Driving: What it is and Why Shepard Walton King Cares
April 25, 2019
Flood Insurance: Don’t Overlook This Important Coverage in Texas!
March 29, 2019
Get Ready to Ride Your Motorcycle with the Safety of an Insurance Policy!
March 8, 2019
Protecting Your Farm or Ranch with an Agricultural Insurance Policy from Shepard Walton King
January 29, 2019
For the New Year, Be Sure and Secure That Much-Needed Homeowners Insurance Policy
January 9, 2019
Keep Your Home Secure with a Homeowners Insurance Policy During the Holidays!
December 11, 2018
Winter Driving: 5 Items to Keep in Your Vehicle When Traveling in Cold Conditions
November 8, 2018
Breast Cancer Awareness Month: Be Sure to Get Checked and Find a Policy with Us
October 5, 2018
Valley Rainstorms: Be Proactive by Securing a Homeowners Insurance Policy Today
September 17, 2018
- Agency News & Information
- Agriculture Insurance
- Auto Insurance
- Boat Insurance
- Business Insurance
- Car Insurance
- Cyber Liability
- Flood Insurance
- Health Care
- HealthCare Reform
- Home Insurance
- Hurricane Season
- Information Security
- Motorcycle Insurance
- Personal Insurance
- Renters Insurance
- Safety Tips
- Workers Compensation