Straightforward Balch Springs Home Insurance with Hassle-Free, Accurate Quotes in Seconds!
How Much Does Balch Springs, TX Homeowners Insurance Cost?
Homeowners insurance in Balch Springs, TX costs an average of $1,937 annually. At TGS Insurance, our customers in Balch Springs, TX are paying an average of $1,311 per year, which means we’re saving our customers an average of $626 per year on their homeowners insurance premiums!
Calculating Premiums for Home Insurance in Balch Springs, TX
Insurers use a specific set of calculations to determine how much your home insurance premium will be. Usually, this is based on how much risk the carrier would take on to insure your home. So the higher the risk, the higher you can expect your premium to be.
Carriers usually look at a few things to assess your home’s risk. Your carrier will first look at property-specific factors such as the size and age of your home, as well as any add-ons such as a swimming pool. Regional factors play a huge role as well, so things such as average home value in your neighborhood, crime rates, and common weather perils (ex: tornadoes) in your area.
If you’re located in a high-risk flood zone or on a flood plain, that’s deemed a higher risk to insure, therefore, a higher premium. Likewise, you live in an area where crime is higher than in other areas, your premium will be higher than a home maybe 10 minutes away.
However homeowners are not left with no help to lower their premiums, insurance carriers offer all sorts of discounts to help their policyholders save. Common discounts come from installing a security system, motion-sensor lights, and home surveillance cameras! And if you have a high credit score, that can help your rates as well.
Most Popular Additional Home Coverages in Balch Springs, TX:
Windstorm and Hail Coverage: Balch Springs, TX isn’t too far from Red River Valley, where the most tornadoes in Texas occur. These storms can produce severe wind and hail that can destroy and damage your home. To give our customers in Balch Springs, TX peace-of-mind in any weather-related event, we automatically write in a 2% wind/hail deductible into every homeowner insurance policy we write!
Water Backup: Water damage due to a clogged sewer line, backed-up drain, or failed sump pump is both a gross and costly repair to fix- and usually isn’t covered by your standard HO3 homeowners insurance policy. This policy add-on provides you with the financial protection to help replace and repair anything lost starting at $5,000 going up to $25,000. It can cost anywhere between $50-$250 per year depending on how much coverage you want.
Umbrella policies: The average liability on a standard homeowners insurance policy is around $250,000 and if you’re looking for additional financial protection outside of that, you’ll need an umbrella policy. Umbrella policies cover claims that exceed your standard home, auto, or watercraft policy coverage. If you’ve got a lot to lose, an umbrella policy is a great way to keep you and the things you’ve worked hard for, protected.
The Benefits of Using TGS Insurance Agency:
- TGS Insurance makes it easy to compare and save on your homeowners insurance policy. Our team will shop your policy across 35+ A-rated carriers to find you a policy that best fits your needs and budget!
- We don’t stop at just finding you a great homeowners insurance policy, we’ll handle everything from start to finish. From getting your policy in place to canceling any existing policies and even working with your mortgage company, we handle it all for an easy, seamless experience.
- Once you’re a customer with TGS Insurance, we’ll assign you a dedicated account rep who will service your account in any way you need. If that’s a question about your policy, getting help filing a claim, we’re here to help. We’ll also monitor your premium year after year, and if at any time it increases, we’ll shop your rate so you’re always getting the same great coverage while never overpaying for insurance.
Zip Codes in Balch Springs, 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!