Searching for the best Texas Homeowners Insurance Quote

If you’ve been house hunting in Texas or just recently purchased a home on the coast or further inland, you should be aware of a variety of storm related conditions that can occur because of hurricanes. In addition, you’ll want to protect your investment by making sure you have adequate homeowners insurance to cover hurricanes and storms.

Storm Dangers

You’ll definitely want to reconsider your homeowners insurance in Texas when you realize hurricanes can invoke tornadoes, torrential rains, storm surges and high winds.

Most folks aren’t aware that hurricanes have the power to spawn tornadoes, which affect areas several hundred miles inland. Powerful tornadoes can unleash terrible winds causing huge amounts of destruction.

Severe flooding frequently occurs from torrential rains caused by hurricanes and it’s typically heavier with slower moving storms. Even if you’re not in the direct path of a hurricane, you could suffer from damaging floods costing you thousands of dollars if you don’t have the proper homeowners insurance.

For those folks living relatively close to the coastline, storm surges are a major consideration. Storm surges are a naturally occurring result of hurricanes, which cause massive amounts of seawater to rise out of the ocean and hit land. They can be as little as a couple of feet in height or 18 feet or more above the normal level of the sea. With this much force, they can easily batter homes and buildings to shreds.

Typical hurricane winds average a minimum of just 74 mph and increase speed as they develop. The force of category 5 storms have winds with the ability to literally uproot trees, tear off roofs, down power lines and rip homes right off their foundations.

Evaluating Your Homeowners Insurance Coverage

No one can predict whether your home will be in the path of a hurricane or be hit by floodwaters from storm surges. The one sure thing that we do know is that hurricanes and tropical storms are unpredictable. Because storms of these magnitudes can strike quickly and cause so much damage, you should consider purchasing additional policies beyond the standard homeowners insurance coverage in Texas.

If you’re new to the Texas area, it would be a good idea to meet with your insurance agent to discuss your homeowners insurance policy. Ask about endorsements or additional policies that cover high risks like flooding and windstorms because these are not included in standard homeowners insurance policies.

If you feel that your home could be at risk for damages from hurricanes and windstorms, your agent can purchase a policy through the Texas Windstorm Insurance Association.

Your local insurance agent can also work on your behalf to purchase a flood insurance policy through the National Flood Insurance Program administered by FEMA.

Besides purchasing hurricane and flood insurance to compliment your homeowners insurance coverage, now is a good time to evaluate whether you’re carrying high enough coverage limits on all your personal property items. Check to see that collectibles, antiques, paintings, electronics or new purchases are covered within your homeowners insurance coverage.

Evaluating your current homeowners insurance and updating it periodically against a variety of perils helps to protect homeowners from risks. It’s a good idea to get additional policies for floods and hurricanes in place before new storms come on the scene when you may no longer be eligible for last minute changes.

Renters Insurance Texas

Insurance is about planning and preparing for the worst. You never know when a natural disaster will occur or somebody comes along and rips off all your stuff. As a matter a fact, most of us never sit down and consider what would happen if we lost every single thing we own from a tornado or a flood in Texas. Nobody wants to picture this image in their mind, and that’s why there is renters insurance. Young adults, divorcees, students and empty nesters all rent homes, condos and apartments. Luckily, for each of these scenarios, you can protect your belongings with insurance, replace them when they are lost or stolen and get on with your life. Learn how you can benefit from renters insurance and keep your world just a bit safer. For greater insurance quotes visit https://www.texasquotes.com.

Where to Find Renters Insurance

You can search for renters insurance browsing through the telephone directory, searching the Internet, talking to co-workers, friends and relatives or chatting with insurance agents.

Your sources for locating renters insurance are almost unlimited. However, some methods are easier and return better results. Flipping through the telephone book is time consuming and does not provide a lot of concrete information.

However, the Internet is an excellent resource for finding renters insurance. You can search by insurance company names and go right to their sites and view all kinds of information about the types of coverage they offer.

Most of these insurance sites also offer online price quotes, which is a great way to get a handle on prices. You should also find online insurance reviews from folks just like you to learn about their good and bad experiences with various companies.

Speaking with your neighbors, co-workers and even relatives is a great way to pick up tips about which companies are the best and which ones should be avoided.

Renters Insurance Policies

• An all-risk policy covers all types of loss, unless you purchase a policy that specifically excludes something. Of course, they cost a bit more, but that’s because they insure more types of losses. You establish the set dollar limits for this type of policy. It’s important that you consider a policy with a high enough dollar amount to cover your losses.

• The named-perils policy provides coverage for items that may be damaged or lost in the case of a specific event or peril such as theft or a fire. This policy also works on dollar limits. If repairs or replacement costs exceed your dollar limits on the policy, the insurance won’t cover the extra costs.

• Claim losses on policies are either handled as replacement costs or cash value. It’s important that you know the difference. Cash value is how much the item is actually worth today, and replacement cost is what is would cost you to go out and buy purchase the same identical item.

Coverage Choices for Renters Insurance

• Liability coverage is standard in most renters insurance policies. It covers medical costs if someone should enter your rental and have an accident like tripping on the stairs or the carpeting.

• Personal property coverage is another standard coverage that’s based on dollar limits. So, it’s up to each renter to decide how much coverage is needed based on the costs of replacing personal possessions. Personal possessions include items like computers, cell phones, clothing, furniture, collectibles or other things of value.

• Loss of use is another important renters insurance coverage that’s included in most standard packages. It’s designed to cover temporary rent and food expenses if your rental or apartment becomes unlivable because of a disaster. The amount you receive is normally based on a percentage of your personal property amounts.

Texas Renters Insurance

If you just moved to Texas or are new to the renter scene, you need to understand that many of the property management companies in Texas that rent properties require renters insurance. Even many individual apartment complex owners are requiring renters insurance.

Many of these management companies or property owners won’t rent without it for the simple reason that the whole complex or property could easily go up in flames. This doesn’t just affect the individual that may have accidentally started a fire, but everyone is affected.

Regardless of whether the rental company requires you to buy renters insurance or choose to purchase it voluntarily, it offers important benefits to renters and it’s typically reasonable for what you get.

Texas also offers Fair Plan policies. These are policies for qualified applicants that are available when you’ve been rejected for insurance by two or more insurance companies in Texas.

How to Shop for Renters Insurance

• Before choosing a company for renters insurance, it’s a smart idea to make a list of your personal property inventory. This helps to determine how much coverage needs to be purchased in the invent of loss, theft or damage.

• Contact an insurance agent directly or get online insurance quotes for renters insurance. Speaking with an agent in person often provides more information and allows you a chance to ask questions.

• When requesting insurance quotes, always request the same types of coverage and set dollar amounts consistently. Comparing the same coverage is the best and most accurate method to properly compare policies.

• Before purchasing renters insurance with an insurance company, you should check out complaints, customer service records and financial stability and strengths. Always deal with a reputable company.

• You may need to buy additional insurance endorsements if you have special circumstances such as expensive collectibles or are in an area of Texas that has particularly bad storms warranting the need for extra coverage like flood insurance.

• Always provide the most accurate information you have on hand when purchasing any type of insurance coverage. Failure to do so could result in denied insurance or cancelled coverage.

Buying renters insurance is relatively inexpensive when you think about the possibility of having to replace all your belongings. It’s worth taking a few extra minutes to research online, talk to friends and learn insurance terms. Get the renters insurance coverage needed to protect your valuable possessions and keep your piece of mind.

7 Little Known Facts a First-time Texas Auto Insurance Policyholder Should Know

While on the road, uncertainties can strike when you least expect them to. For instance, your car can cram into another vehicle or knock down a pedestrian crossing the road. In such cases, the only protection you can have is your insurance. In Texas, it is a requirement as a car owner to have automobile liability coverage. Texas has shown proclivity in an increase of accidents as the state tops the nation in car accident deaths. In 2013, close to 3,377 people died in motor vehicle crashes and many others sustained injuries. Having an auto insurance policy helps protect you from financial burdens that are likely to come with vehicle accidents. Here are 7 facts that many first-time or even existing auto insurance buyers maynot be aware of.

 

1. It may not be obvious that your auto liability insurance will protect other people

 

An auto insurance policy does not only protect other people from the damage that you may cause as a driver, but also protect you from what you could lose. For instance, it protects you from losing your assets to the victim, which can be used as a way of compensation for damage that you might have caused. The same applies if a reckless driver hits you; their coverage is not there to shield you but to protect them if the victim sues them.

 

2. What Texas court says about insurance carrier

 

Many of insurance holders never take the initiative to understand every clause of their policy until they are involved in an accident, and doing so is a big mistake on the part of policyholders. It is always emphasized that insurance policy buyers should seek clarification on the terms of the contract they do not understand.

 

According to Texas courts, insurers owe their duty of offering claims to a negligent policyholder. This means that auto insurance carriers are there to protect the driver who is covered by the policy and not the people who are hurt by that driver. To interpret this, if a vehicle hits you, and the driver is considered to be at fault, the driver’s insurer is to protect that driver and not you.

 

3. Insurers can softly deny bodily injury claim’s but grant property damage payments only

 

Handling claims and compensations isn’t an easy thing. This is where the auto Insurance law applies, and the policyholders, because of their ignorance, may have to bear some burden. For example, a Texas Auto Insurance company may avoid releasing a bodily injury claim and instead release a property damage payment. This means that an injured person is deprived of any rights to seek compensation for injuries, but only receive compensation for all damages to their car.

 

Texas courts perceive such behavior as okay provided that the auto insurance company did not lie about the matter. In other words, whether the compensation was made in its entirety or not, the insurer has fulfilled their duty–that’s to protect its client, the policyholder. In this case, you may want to seek for an independent advice when pursuing claims following an accident.

 

4. You don’t have to be in a car in order to make use of your car insurance

 

You could benefit from cheap auto insurance in Texas even if you were not in the car at the time accident. For instance, if another driver as a pedestrian or a bicyclist hits you or another person covered by your Texas Auto Insurance policy, the coverage for the driver at fault should be able to pay for the injuries. If, however, the particular driver is uninsured or underinsured, the option available is to make use of your uninsured motorist coverage.

 

5. Your personal items aren’t covered if stolen or damaged in your vehicle

 

You are unlikely to receive compensation through auto insurance for personal items damaged at the time of an accident or if stolen from the vehicle. A different coverage takes care of such losses. In most cases, a homeowner’s policy and not an auto insurance policy takes care of these kinds of items. Otherwise, if you are fond of taking pricey items such as GPS device, jewelry, watch, or laptops into your car, you may want to carry a rider to protect those things. On top of that, you should have photographs of those items.

 

6. Your auto insurance may be tax deductible for business use

 

If you are an independent contractor, self-employed or use your car for business activities apart from driving to and from work, you may enjoy a tax-deductible feature on your auto insurance. The amount of time you use the car for businesses purposes should be calculated, as it is the portion that receives tax-deductible benefits. Otherwise, you may consider a flat per mile reimbursement.

 

7. Little inaccuracies can greatly affect rates for your Texas Auto Insurance

 

You might not be aware that little inaccuracies in the provision of information about your vehicle may affect an auto insurance premium rates. Mistakes, such as the wrong model of car listed, incorrect mileage, and mistaking 2-door for a 4- door car are common and have a great impact on rates. Therefore, make the information about your vehicle is listed properly on the auto insurance coverage.

 

A vehicle owner seeking for an auto insurance coverage will need to understand the ins and outs of coverage in order to make informed decisions when purchasing the right policy. A auto insurance policy is not just about protecting an individual from damages caused to them, but there is more than that. Failure to know some of the factors that influence auto insurance could result in increased premiums, wrong insurance coverage choice, or inappropriate changes in the policy.