What Type of Home Insurance is Right for You?
Your home isn’t just your most valuable worldly possession, it’s the centerpiece of your entire life. Fortunately, not many people know how it feels to lose everything, but those who do know first hand the value of homeowners insurance. No, it can’t replace photographs and mementos, but it can help you get back on your feet and help you build a new chapter in your life.
Homeowners policies don’t just cover loses due to covered perils such as a fire or tornado, they also can cover partial loses from break-ins, lightning storms, or even a neighbor who slips and falls on the front steps. Mobile home insurance offers similar coverage and renters insurance is available for people who don’t own the home or mobile home where they live.
In addition to a standard homeowners policy, BIG of Texas offers related coverage such as:
- Renters Insurance
- Landlord Insurance
- Flood Insurance
- Mobile Home Insurance
Rental homes need two types of insurance: renters insurance and landlord insurance. Renters insurance covers personal property damages to the renter, while landlord insurance covers liabilities incurred by the owner of the property. For example, renters insurance would cover furniture, appliances, and personal items lost in a fire. Landlord insurance would cover losses to the structure and property.
Homeowners policies do not cover floods and earthquakes, however, these policies can be bought separately or sometimes added as a rider to your current homeowners or mobile home insurance. Landlords can also buy flood insurance and earthquake insurance to cover their rental properties.
Contact a Texas insurance agent at BIG of Texas today to discuss what type of insurance best meets your own needs. Our agents strive to be more like consultants and will take a look at your property and find the right policy to offer you peace of mind. Having a one-on-one consultation with an agent means you aren’t trapped in a cookie cutter policy that doesn’t meet your needs.
Contact us today for a free quote.