A home insurance policy helps you rest a little easier in case of covered items, which may include vandalism and theft. Learn more about what home insurance coverage would work for your home and family from your InsureUS agent. In the meantime, here are some essential facts home insurance in Cypress, TX.
What is Home Insurance?
A home insurance policy pays to replace or repair your home and belongings in the case of an unforeseen event. Home insurance typically protects you when your home or property is damaged by a covered event, like a storm or fire. Besides basic coverage, you may want to invest in optional coverage. Texas has a Consumer Bill of Rights that discusses the rights of rents and homeowners. Be sure to ask for a copy of the Bill of Rights when you purchase or renew a home policy.
Is Home Insurance Required?
Home insurance is not required by Texas law. However, if you have a mortgage loan, your lender will require you to buy a policy. Even if you own your home, it’s a good idea to protect your house and personal belongings.
Types of Home Coverage
Ask your insurance agent which of the following are covered in a policy you’re considering.
Dwelling coverage covers the house if it’s destroyed or damaged by an event in your policy.
Personal property coverage pays for clothing, furniture, clothing, and other belongings if they are damaged, stolen or destroyed.
Other structures coverage reimburses you for repairs on unattached structures on your property. This could include storage sheds, garages, and fences.
Loss of use coverage covers other lodging expenses if you can’t use your home due to a covered event.
Personal liability coverage takes care of lost wages, medical bills and other costs for those who suffer injuries you’re responsible for. It may also pay for damages to someone’s personal property that occurs in your home as well as court costs.
Medical payments coverage pays the medical bills if someone else if hurt on your property.
Contact InsureUS in Cypress, TX to set up an appointment for a free quote.
