Homeowner’s insurance is necessary to prevent the owner from paying completely out of pocket for loss or damages if there is a theft or natural disaster. In the event of fire, theft or high winds from storms, a homeowner’s insurance policy covers a home and its contents. Home mortgage lenders require homeowners with mortgages to carry insurance on the property because it protects their investment as well.
Look for homeowner’s insurance companies in Houston that provide a great rate and the coverage you need. Consider extra flood insurance if you are in a flood zone. Standard insurance does not cover this. It does cover damage from hurricanes. Purchase supplemental insurance if you live in an older home as standard policies do not cover flooding cause by sewer or drain backup. Most policies cover that value of the home plus some of the costs of rebuilding the home based on current prices. Homeowner’s insurance also protects you against lawsuits if someone is injured on your property. You can add on additional liability to cover the cost of medical bills for the injured party as well as damage to their personal property.
Your policy also covers the contents of your home in the event of theft. It is a good idea to catalog the contents of your home and their value along with pictures and even receipts if you have them. Serial numbers of electronics are great to keep on file in case of theft. Any assistance you can provide the insurance company when replacing stolen items will assist them in giving you the correct value. Otherwise, they have to prorate based on the age of the product you say you had and the market value. Sometimes, combining insurance coverage with your provider such as home, car and life will give you a better rate as well. Your insurance premiums can be added into your mortgage payments.
Homeowner’s insurance companies in Houston such as Metro Allied Insurance can provide all the coverage you need to protect you home and its contents. Contact them for free rate quotes and discuss your needs. They can put together a policy to cover all your possessions. This will give you peace of mind in the event of a theft or natural disaster.
