Is Now the Time to Increase Your Homeowners Insurance Coverage?

When your home is damaged, you rely on homeowners insurance 10-15 to pay for repairs or re-building as well as to replace your personal contents inside the home. When you purchased your insurance coverage, you may have assumed that the coverage would meet all of your needs. However, your needs for homeowners insurance can change over time. If you have not reviewed your policy within the last year, there are several good reasons why you should.

Rising Property Values
In Texas, many areas are experiencing rapidly rising property values, and some areas have seen a seven percent increase or more over the last year. In addition, construction costs are also increasing in many areas of the state. This means that it may cost you much more to repair or rebuild the home this year than it did last year. Many homeowners insurance policies have a clause that automatically raises the coverage to accommodate rising costs and home values in the area. However, the actual value of the home may not be appraised, and there is a possibility that the automated process through the insurance company is not sufficient. This is particularly true if you have made improvements to the home within the last year that have further increased the value beyond market appreciation.

New Contents Inside the Home
A homeowners insurance policy will also provide coverage for the personal contents inside the home. The contents in your home may not change much for years, or the contents may change very significantly in a short period of time. For example, if you remodel the home and buy new furniture for several rooms at the same time, the valuation that you place on your new furniture may be several thousand dollars or more higher than what you placed on your old pieces. You may have furnished a room that was previously used for storage, bought new appliances in the kitchen, added an outdoor living area to the backyard or made some other significant changes to the home that have increased the amount of money you potentially could lose in a damaging event.

Changes in Your Financial Situation
A key component to your coverage relates to your insurance deductible. A homeowners insurance deductible in Texas is typically between one to two percent of the home’s value. First, because home values have increased, this means that your deductible may have increased slightly. If you adjust your coverage on your own, your deductible will also increase. Some people may have had a great year financially and may be agreeable to a higher deductible and a lower premium. If you have the money available in your savings account to pay the higher deductible, this may be an option for you. However, you should be aware that this will impact how affordable it is to file a claim going forward. If your financial status has increased significantly or if you entertain more at home, you may also consider the benefit of increasing your liability coverage.

Homeowners insurance is a requirement for homeowners who have a mortgage on their home, and it is highly beneficial for all homeowners regardless of their mortgage status. With proper coverage, you can decrease your exposure to liability and more easily pay to repair or replace the home and its contents after a damaging event. Coverage needs can change, and homeowners should not rely on the automated process by insurance companies to keep them fully insured. Because of how important coverage is, it is smart to review your coverage with your insurance company annually.

Get the most affordable Texas motorcycle insurance

Are you looking forward to finding the best Texas motorcycle insurance quote? If you answered yes, you’re in the right place. When it comes to motorcycle insurance, consider getting it from https://www.texasquotes.com. You need to make sure you have all your bases covered. The last thing you need is to be unprotected, in the event that there is an accident. When you come to us for Texas motorcycle coverage quotes, we’ll make sure you get the most coverage for the best price.

Liability insurance is a must

Texans are legally required to maintain and carry liability insurance. If you’re ever found at-fault in an accident, liability insurance will help to cover the other driver’s medical bills and damages to his or her property. In Texas, you’re required to carry at least the following:

$25,000 – bodily injury liability per person
$25,000 – property damage liability per incident
$50,000 – bodily injury liability per incident

You can always get more

If you don’t feel as though this is enough coverage, you can always opt for higher coverage limits. Give us a call now to get Texas insurance quotes, and to learn more about the policies we have available to you. In most cases, we’ll be able to provide you with policies that cover things like towing and labor, collision coverage, medical payment’s coverage, uninsured / underinsured motorist coverage, and trip interruption coverage.

Plan for the unexpected

The last thing you need is to be caught uninsured and stuck in a ditch after an accident. No one plans on getting in a motorcycle accident, but they can happen to the best of us. We’ll make sure you’re matched with the perfect motorcycle insurance policy for your needs. We’re committed to providing you with an easy-to-understand and affordable policy to ensure you’ve always got the protection you need.

We want to hear from you

It’s time for you to protect yourself. Give us a call now to get started with your Texas insurance quotes. Whether you drive once a month or every day of the year, we’ll make sure to match you with the best policy available. To ensure you’re getting exactly what you need, one of our agents will go over a few questions with you. The easiest way to match you with the most affordable coverage is to learn more about you. So set aside a few minutes, and give us a call now. If you’re ever involved in an accident, you’ll be glad you did.

Renter’s Insurance Quotes in California

Get the Renter’s Insurance You Need

If you’re renting a home, and it catches on fire, what’s the worst that could happen? You could lose everything you own with no chance of replacing it. That’s the worst thing that could happen. Luckily, If you have California renter’s insurance, you’ll never have to worry about losing your belongings if something happens to your rental.

It’s Not As Expensive As You Think

California renters insurance rates aren’t as costly as you may have previously thought. When you come to us, we’ll go above and beyond your expectations to ensure you’re getting the most coverage for the lowest price. Our agents are committed to providing you with renter’s insurance that is tailored to your unique needs. You’re more than just a number to us; we’ll take our time listening to you, and discovering what you need.

What It Covers:

Fires
Storm damages
Theft
Vandalism
And much more!

You’re In Good Hands

When you come to us for high-quality renter’s insurance, you can trust that you’ll be taken care of well. Before we make the leap, we’ll provide you with California renter’s insurance quotes to ensure you know what you’re getting into. It’s our goal to make sure you’re stuck in a position where you won’t be compensated for the personal items you lost.

Your Belongings Cost More Than You Think

Have you ever walked around your home and added up the costs of everything. From your refrigerator and stove to laptops and tablets, the total can add up quickly. Renter’s insurance is a sure-fire way to make sure your belongings will be paid for when the unexpected happens to your rental.

Give Us a Call Now

It’s time for you to get California insurance quotes. Don’t waste another minute wondering if this is the best option for you. You know it is. Give our agents a call now to get started with your quote. You’ll be glad you did.