Home, Condo and Renters Insurance
Insurance Tailored To Fit Your Life.
Our goal is to protect you and your family from those unexpected
events by finding the right coverage at an affordable rate.
Whether you own a house, apartment, or condominium — the right home insurance policy can provide you peace of mind as well as the money you need to repair or replace your home and/or belongings.
Protection for You and Other People
Personal Liability Coverage applies if someone is injured or their property is damaged and you are to blame. When choosing your liability coverage limits, consider things like how much money you make and the assets you own. Your personal liability coverage should be high enough to protect your assets if you are sued.
Most insurance companies exclude flooding from the standard policy. Flood insurance is not automatic and is a separate policy.
If you are operating a business in your home, it’s best to have business insurance. Standard homeowner policies do not typically cover any business-related costs.
Protect the things that matter to you
Make an inventory of your home and personal belongings. If possible, make a list as well as take photos or video — using two inventory methods can help expedite the claim resolution process. Keep this list somewhere other than your home.
Choosing the right insurance policy can be difficult and confusing. Your condo insurance policy covers your personal property and liability, as well as any additions, alterations and improvements you make to your unit that are your responsibility based on the condo association agreement.
Optional loss assessment coverage is also available to protect you against certain assessments that may be levied by the association. You would be compensated for additional living expenses incurred should you need to vacate your condo after a covered loss.
Usually, the insurance requirements a condo owner must meet are outlined in the condo association's bylaws. In the state of Texas, this could be laid out one of three separate ways. Do you know how your bylaws read? If not, give us a call to find out.
Home Insurance Tips
Floods are NOT Covered
Standard home insurance policies don't cover floods. These policies can be purchased separately. The average flood policy costs about $700 a year. The cost will vary depending on your flood risk, the value of your home, and the amount of your deductible, among other factors. Most flood policies have a 30-day waiting period before kicking in so don’t wait for an approaching storm before deciding to buy coverage.
Like health insurance or car insurance, the higher the deductible the homeowner chooses, the lower the annual premiums. However, the problem with selecting a high deductible is that claims/problems that typically cost only a few hundred dollars to fix—such as broken windows or damaged sheet rock from a leaky pipe—will most likely be absorbed by the homeowner. And these can add up.
Create a Home Inventory
If there's a disaster, the last thing you want is to have a claim denied because you don't have good records. Document what you own by creating a home inventory that lists your personal belongings and what you paid for them or their appraised value, then store it in a safe place or online.
Use your smart phone to take video of each room and the contents of closets and cabinet. That would help you remember everything if your home was completely destroyed in a fire, storm, or tornado.
The Top Five Most Common Causes of Home Claims
Exterior wind damage – 25% of all losses
Non-weather-related damage (plumbing or appliance issues, for example) – 19%
Hail – 15%
Weather-related damage (rain, melting ice, snow) – 11%
Theft – 6%