South Texas Homeowner Insurance

Your home is your most valuable possession and one that you should protect. Homeowners insurance not only protects the structure and contents of your home, but provides liability coverage if someone is injured on your property.

Home insurance coverage ensures that your assets are protected from fire and lightning, theft, vandalism, smoke damage, freezing, building collapse, accidental discharge/leakage/overflow of water or steam, and more.

For those who live in counties along the coast, South Texas flood insurance and South Texas windstorm insurance must be purchased separately.

Placing the proper amount of insurance on your home is your responsibility.  It is important for you to have enough coverage on your home to allow you to rebuild your home at current building costs in the event your home is damaged or destroyed.

This means keeping a realistic dollar amount of coverage on your house and resisting the temptation to underinsure your home.  Should you underinsure your house you may be assigned a “Coinsurance Penalty” in the event of a loss.

If you have any questions or concerns about the appropriate level of homeowner coverage, we are happy to assist you. We offer excellent plans through a large number of reputable auto insurers and will help you determine the level of coverage and price that is best suited to your needs.

As a Trusted Choice Independent Insurance Agency, we are able to shop over 20 South Texas homeowner insurance companies to find the policy that is right for you.  This gives us maximum flexibility through our choices of companies to better serve your individual needs.

Determining the proper amount of coverage can be difficult. There are a few factors that should be considered and evaluated before choosing your homeowners insurance coverage.

• Replacement Cost (RC) – what you would pay to rebuild your home based on current construction costs. Replacement cost is different from market value or appraised value. RC does not include the value of your land.
• Actual Cash Value (ACV) – in the absence of Replacement Cost, you have an Actual Cash Value policy. In the event of a loss the company will pay the depreciated value of your damaged property. Again, in order to avoid a Coinsurance Penalty, it is important not to underinsure your home.
• Deductibles – help to reduce your premium cost, but also limit the amount you may recover in event of loss. The deductible applies to all losses to the house or to personal property. You should carry as high a deductible as you can afford.
• Endorsements – policy add-ons that cover special items or increase your coverage. Common endorsements include coverage for residential glass, jewelry, fine arts, camera equipment, coin or stamp collections, computer equipment, an in home office, and satellite dishes.

There are a number of discounts available on your homeowners insurance.

• Companion Auto - if the same insurance company writes your homeowners and automobile coverage, you are eligible for a 5% to 10% premium discount on your homeowners policy – depending on the company.
• New Home Discount – depending on the company, you may receive up to a 16% discount for a new home. The amount of the discount generally reduces over a number of years.
• Home Security - you can receive up to a 5% premium discount if your house meets certain minimum security standards for doors and windows.
• Burglar Alarms – depending on the company, you can get up to a 15% credit if you have an electronic burglar alarm system that meets certain minimum requirements.
• Sprinkler Systems – some companies give as much as an 8% credit on your homeowners premium if your home has an approved fire protection sprinkler system.

Homeowners insurance can be confusing and not cover everything you would expect it to. While homeowners insurance provides broad and basic coverage that most everybody needs, you should get professional advice to ensure that you are properly covered.

Alliance Insurance specializes in corpus christi homeowners insurance in the nueces county and san patricio county area. Contact us today for a South Texas homeowner insurance quote.