Is The Cheapest Texas Insurance Quote Always The Best?

 

DUDUCTIBLES:

Today many agents are using substandard deductibles. For example in order to reduce the total premium a 2% or even 5% deductible will be placed on the policy. (Sometimes unknowingly to the consumer)
Example: If you receive a quote for a home insured for 5,000.00 with a 5% deductible; your responsibility would be ,750 before the insurance company would pay a penny.

CONTENT REPLACEMENT COSTS:

In order to lower the quoted premium significantly some agents are not including Replacement costs as part of the home owner’s policy.
If you suffer a loss do you want the insurance company to pay you the amount it takes to replace your loss at today’s cost or at the lower depreciated amount? Replacement!

IMPORTANT COVERAGE LEFT OUT:

Windstorm and Hail Coverage

We have seen quotes from a major carrier actually leaving out wind and hail coverage in homeowner insurance policies.
Living in Texas would you want a policy without Texas windstorm and Hail coverage? NO!

Discharge of Water

Discharge of water is also a coverage that some agents are leaving out of home owner policies.
Do you want the damage covered, if your hot water heater or a pipe bursts in you home causing thousands of dollars in damage? YES!

Back Up of Sewers and Drains

Are you covered if water backs up through a sewer or drain, or overflows from a sump pump?
Water backup can be caused by:
Blockages Due to Tree Roots
Blockage of Sanitary Main
Cracks in foundation leaks water into the basement

Foundation Coverage

Do you want the damage covered, if a waterline breaks under your foundation causing the foundation to sink
The foundation coverage endorsement is the most commen coverage left off Texas home insurance policies.

The internet is a great way to buy and sell products, but in this highly competitive market many agents will cut corners to quote the cheapest price. The problem is you may not realize that until it is too late.

Ask these questions before you purchase a Texas homeowners insurance policy:

How long has the agency been in business?
How many companies does the agent represent?
What kind of claim service does the company offer?
What deductibles is the agent quoting you?

Find more information about Texas home insurance

Need insurance? For the best rates contact A Abana Insurance, serving the community of Houston, Texas. With insurance for life, cars, boats, RVs, home, and fire, they can cover every aspect of your life. In business since 1995, they have six-month or month by month policies to best fit your lifestyle. Visit us www.yellowpages.com

More Houston Home Insurance Articles

Insurance Claim Consultants Disaster Recovery Unit Arrives in Houston to Assist Hurricane Ike Victims With Insurance Claims

Houston (PRWEB) September 19, 2008

The Mobile Claims Unit, owned by Insurance Claim Consultants Inc (ICC), arrived in Houston Friday to assist home and business owners with filing and documenting their insurance claims. ICC works exclusively for the policyholder in cases where a hurricane or other insured peril occurs.

 

The 40” Class A motor home, equipped with the latest satellite technology, will travel daily to areas of east Houston that were hit the hardest by Hurricane Ike. Chief Operating Officer, Kenneth Browne, will head the Mobile Claims Unit team and hopes to inform claimants that professionals who are on their side are available to help with their insurance claims.

 

“The insurance company adjuster works for the insurance company while a public adjuster works on behalf of the policyholder,” Browne said. “People must know that the insurance companies will not pay out a penny more than they absolutely have to.”

 

Public Adjusters prepare, document and negotiate settlements on behalf of the policyholder. “Most people are unaware of public adjusters and the service we provide to people in need,” Browne said.

 

According to Browne, ICC has represented more than 10,000 policyholders in the past 20 years, and the firm has never represented a client for which it was not able to garner a settlement higher than the insurance company’s first offer.

 

“I want people to know they have options and professionals on their side — that they don’t have to accept the potential low-ball offers from insurance companies. Hiring an experienced and reputable public adjuster will undoubtedly make a big difference in peoples’ insurance claims. I think the Mobile Claims Unit will help get out the word,” Browne said.

 

Public Adjusters in Texas are licensed and regulated by The Texas Department of Insurance.

 

About Insurance Claim Consultants Inc., dba The Public Adjusters:

Insurance Claim Consultants Inc. has represented the interests of more than 10,000 individuals and business in the last 20 years. The company has a proven track record with claim settlements in excess of $ 20 million.

 

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Question by Dewailer: What is the average cost of home owner insurance in Houston, Texas?
I know this varies and are based on different factors. I am just seeking an average – thanks!

Best answer:

Answer by Elisa M
depends on the amount of the home for example my house when i purchased it was 96,000.00. so the home owners insurance is about 950 a year. its all on how much coverage you want to get say like if your house caught on fire you want to fully be able to pay for the house right. so the maximum would be best plus it covers like contents and personal property..

Add your own answer in the comments!

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