Homeowners Insurance in East Bernard, TX

Whether you already own a home or are looking to buy one for the first time, it’s essential to understand the importance of homeowners insurance. This insurance is one of the best ways to protect yourself financially from the unexpected. 

What Is Homeowners Insurance?

Home insurance is a package policy, which means that it covers damage to your property after a covered loss and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people. There are usually additional coverages or endorsements, also called riders, that you can add to the standard coverages provided by home insurance to ensure adequate protection.

Do I Need Homeowners Insurance?

While purchasing a home insurance policy may not be mandated by the federal, state or local government, your lender may require proof of home insurance if you have a mortgage. Carrying appropriate homeowners insurance is always a good idea as the policy can help financially protect you if you experience a covered accident or other loss. Without home insurance, you may be left to cover the replacement or repair costs on your own following an incident.

What Does Homeowners Insurance Cover?

Homeowners insurance may help provide financial protection against damage and losses to your home and its contents. It also typically includes personal liability coverage for accidents on your property. This type of insurance can offer peace of mind by covering unexpected events that could otherwise lead to significant financial burdens. The following are some common areas of coverage homeowners insurance policies typically offer:

• Dwelling coverage may help protect the structure of your home itself, including the walls, roof, foundation and other built-in structures in case of damage or destruction caused by covered perils.
• Other structures coverage extends to structures on your property that are not attached to your home, such as a shed or fence.
• Personal property coverage may help cover your personal belongings, including furniture, appliances, clothing and electronics, in case of damage, theft or loss.
• Liability coverage may help provide protection if someone is injured on your property or if you cause damage to someone else’s property. It may also cover medical expenses, legal fees and potential lawsuits up to the policy’s limit.
• Additional living expenses may help with temporary accommodations, meals and other living expenses if your home becomes uninhabitable due to covered damage.

It’s essential to carefully review different insurance policies and discuss your situation with insurance providers to determine the most applicable coverage for your needs.

How Much Homeowners Insurance Coverage Do I Need?

Contact Smaistrla Insurance Agency to discuss your homeowners insurance needs. We have been doing business since 1982. We proudly provide insurance and financial solutions to more than 1,200 individuals and businesses in our area. We can help optimize coverage to protect your finances from the unexpected.

How to Get Homeowners Insurance

If you need a homeowners insurance policy or want to evaluate whether the coverage you have is adequate, we’re here to help. Give Smaistrla Insurance Agency a call today to get started or request your free quote now.