Straightforward Brookshire Home Insurance with Hassle-Free, Accurate Quotes in Seconds!
How Much is Home Insurance in Brookshire?
The average cost for homeowners insurance in Brookshire, TX is about $1,502 per year. At TGS Insurance, our Brookshire customers pay around $1,098 which means they are saving an average of $404 each year!
How Are Home Insurance Premiums Determined?
Homeowners insurance is designed to provide you with financial protection from loss caused by accidents, disasters, theft, and other perils. The standard homeowners policy includes fundamental types of coverages: protection for the structure of your home, personal belongings, liability protection, and additional living expenses.
The price for homeowners insurance varies on several different factors. Most insurance providers consider the following things when calculating your premiums:
- Location– If your home is located in an area that has high vandalism or burglary and is prone to natural disasters, then you can expect to have a higher premium.
- Condition of the home- This measures how well-kept or poorly maintained your home is. A home that is well-kept will see lower premiums.
- Materials your home is made out of- Insurance providers tend to charge higher premiums for houses made out of wood versus brick. In addition, things like plumbing, electrical work, etc., all factor into your premium.
- Size of the home– Larger homes tend to cost more because there is more square footage to repair in the event of an accident.
- Age of the home- Sometimes insurance providers will require older homes to have up-to-date plumbing, heating, wiring, and roofing before insuring the home. If you live in a newer home you might qualify for discounts.
- The amount of coverage you are wanting- How much protection you want, plus any add-ons will affect the price of your premium.
- Deductible amount- A higher deductible will decrease your premium.
Home insurance carriers typically offer a variety of ways for customers to save on their premiums, with common ones being good credit and home security upgrades like a security system, surveillance cameras, and motion-sensor lights. But all in all your insurance carrier will base your premium around risk. The higher the risk to insure, the higher the premium and vice versa.
At TGS Insurance, We’ll Find the Right Personalized Insurance Coverage for Brookshire Homeowners
Understanding your homeowners insurance policy can be a bit daunting, especially when you aren’t familiar with the industry terms. Below is a short video explaining what you need to know about homeowners insurance and how to read your policy.
Popular Add-On Home Coverages in Brookshire, TX:
Flood Insurance: Did you know flood damage is not covered by your homeowners insurance policy? If Hurricane Harvey taught Houston residents anything, it’s that flooding can happen regardless of if you live in a flood zone. About 1 in 4 claims come from homes living outside of a flood zone. While you hope to never use it, a flood insurance policy will cover any gaps in protection not included in your homeowners insurance policy. The average flood insurance policy can cost around $634 per year but can vary depending on your home’s location. TGS Insurance can help you find a great deal through our bank of private and government-issued insurers!
Windstorm and Hail Coverage: Any Houston-area homeowner knows our city gets its fair share of hurricanes, tropical storms, and severe thunderstorms that can bring damaging winds and hail. Though windstorm coverage is generally included in your homeowners insurance policy, some carriers exclude it. At TGS Insurance, we want you to have peace-of-mind knowing you’re financially protected for any event which is why we automatically include a 2% wind/hail deductible into every Brookshire, TX homeowners insurance policy we write.
Water Backup: Water backup coverage is one of the most beneficial homeowners insurance add-on policies. It protects your home and personal belongings from a sewer backup, backed-up drain, or sump pump. Plus, if these losses lead to mold damage, then water backup coverage will cover the damages as well. The average cost of this add-on can be anywhere between $50-$250 a year depending on how much coverage you want, with options starting at $5,000.
Common Home Insurance Questions from Our Customers in Brookshire
Does homeowners insurance cover appliances?
Homeowners insurance protects your personal property, which means your home appliances are covered if they were damaged by a covered peril. Your homeowner’s insurance won’t compensate you if the appliance breaks down due to normal wear and tear.
How much will a security system lower my homeowners insurance?
Installing a security system in your home can lower your homeowners insurance policy by up to 20%. Be sure to talk to your insurance provider to see what discounts are available to you if you’re thinking about installing a home security system!
Can you cancel your home insurance policy at any time?
Yes, you technically can cancel your homeowners policy at any time, but you may encounter some fees and/or penalties. Most insurance providers will charge you a penalty fee for ending your policy before the end of the term or you could end up owing money to your insurance provider. If you wait to cancel your insurance policy halfway through the month, then you may have to pay the remaining amount on top of the penalty fees.
Our Featured Agents Are Ready to Help You With Your Brookshire, TX Homeowners Insurance:
TGS Insurance is an agency that works to find you the best insurance policies while also saving you money each year. We work with over 35 highly-rated insurance providers to find you a policy customized to your insurance needs. Our customer-focused team is here to answer all your questions and walk you through every step of the way. See why Brookshire, TX homeowners are making the switch to TGS Insurance!