One little policy does a lot. A homeowner policy reimburses you for damage to your home from a variety of causes. If your home is totally destroyed or you cannot use it for a period of time, your homeowner policy will also cover that. The insurance extends to your home’s contents and liability for damage to property of others or injury caused to someone by you or a family member. Your policy can be personalized to include greater levels of protection for important property, home office situations, liability for boat ownership and additions and alterations to your residence. Homeowners insurance policies in Texas are not all created equal. For example, some will provide water and foundation coverage while others may not or you have to request that option. It is important to have an agent to explain these options and customize a homeowners policy that’s right for you.
Home insurance coverage
Scheduled personal property (inland marine)
Many of us have possessions that are not adequately protected by a standard homeowner policy. Examples include jewelry, antiques, oriental carpets, art work, sports equipment, collectibles and firearms. Scheduling important possessions gives you adequate levels of protection, coverage against broader causes of loss and no deductible.
Replacement cost plus
Can pay from 25% to unlimited of the home coverage limit if there is a total loss of your home.
Replacement cost on contents
Pays to replace or repair personal property without depreciation being taken from the value of the property within your home insurance coverage.
Water backup of sewer
Broadens the home insurance coverage for loss due to water backup through sewers or drains.