With TGS Insurance, Finding The Right Alvarado Home Insurance Policy is as Easy as 1-2-3
How Much Does Alvarado, TX Homeowners Insurance Cost?
Homeowners in Alvarado pay an average of $1,937 per year on their homeowners insurance. At TGS Insurance, our average customer in Alvarado pays $1,048 per year, which means an average annual savings of $889!
Calculating Premiums for Home Insurance in Alvarado, TX
If you’ve ever wondered how your homeowners insurance premium is calculated, it all comes down to risk. If your home is deemed riskier to insure, you would see a higher premium.
One of the most common things insurance carriers look at are property-specific factors such as your home’s location, age, and any add-ons like a swimming pool. Insurers also look at regional factors like common weather perils such as tornadoes or hurricanes, crime rates, and the average home value in your neighborhood.
Coming back to risk, if your home is located on a flood plain or in a high-risk flood zone, your homeowners insurance rate will increase. Likewise, if you live in an area with a high crime rate, the likelihood for vandalism or theft increases therefore so does your rate.
However, you aren’t left without opportunities for discounts though. If you’ve got good credit, that will help lower your premium. You can also do things like install a home security system, motion-sensor lights, or surveillance cameras for security discounts.
Additional Coverages Recommended for Homes in Alvarado:
Windstorm and Hail Coverage: The Dallas and DFW area as well as the surrounding cities are generally considered in the Tornado Alley area, and are prone to tons of severe thunderstorms, with Texas averaging about 25 tornadoes per year. Wind and hail damage can produce thousands of dollars in repairs and damages and without the right protection, homeowners could be left with the bill. At TGS Insurance, we want you to have peace-of-mind knowing you’re protected, which is why we write a 2% wind/hail deductible into every policy we issue for Alvarado, TX homeowners.
Water Backup: Water damage from a clogged sewer line or backed-up drain can be a costly repair that usually isn’t covered by your homeowners insurance unless you have a water backup policy add-on in place. A water backup policy is an add-on that can cost anywhere between $50-$250 per year and can offer you financial protection starting at $5,000.
Umbrella policies: The average homeowners insurance policy offers an average liability limit of $250,000 with some offering as much as $500,000. If you were to get sued and the claim exceeds your liability limits in your home, auto, or watercraft policy, you’d be stuck making up the difference. With an umbrella policy, you give yourself extra financial backing should you need it, and will help protect everything you worked hard for.
The Benefits of Partnering with TGS Insurance Agency:
- We save homeowners in Alvarado, TX hundreds every year by shopping your policy across our bank of 35+ A-rated carriers to find you the best policy for both your budget and needs. TGS Insurance makes it easy to comparison shop across a multitude of brands in seconds for the best rate available.
- We don’t just stop at finding you a great homeowners insurance quote, we’ll handle everything from A to Z to get your policy in place. From enrollment to canceling existing policies, and even working with your lender- we’ve got it all!
- As long as you’re with TGS insurance, you’ll always pay the lowest rate for homeowners insurance without sacrificing coverage, year after year. You’ll have a dedicated agent assigned to your account that can help answer any questions, make edits to your policy, and even help you file a claim. And with yearly monitoring, should your rate increase, we’ll get back to workshopping your rate across our carriers to find you the lowest rate, without losing coverage.
Zip Codes in Alvarado, TX That We Insure:
Don’t see your zip code listed? Don’t worry, as long as it’s in Texas, we’ve got you covered!