Buda Home Insurance with TGS Insurance: Faster. Better. Cheaper.
How Much is Home Insurance in Buda, Texas?
The average cost of home insurance in Buda is $1,104 among TGS Insurance customers. This average includes windstorm and hail coverage and is based on policies with an average home value of $369,419. The average paid by TGS customers in Buda is $789 less than the area average of $1,893. Seeing how much you could be saving on your Buda home insurance is as easy as entering your address above for a free instant quote.
What Does Home Insurance in Buda, Texas Cover?
Your home insurance policy is made up of six basic components and then can be customized further with policy endorsements based on your coverage needs. Your home insurance policy is meant to protect your dwelling, other structures on your property, personal property, and any liability claims. Let’s review the core pieces that make up your basic HO-3 home insurance policy:
Dwelling Coverage
Dwelling coverage covers your home’s structure- basically anything that’s attached to your home, walls, ceilings, roof, etc. When determining your coverage amount, your dwelling coverage should always equal the replacement cost of your home based on current building costs, and not what your home is worth. Not having enough financial coverage will result in you paying for the cost of a rebuild or repairs that exceed your policy limits.
Other Structures Coverage
This coverage will protect any structures not directly attached to your home, like a detached garage, shed, or fence.
Personal Property Coverage
Personal property coverage will protect all of your personal belongings, including items like clothing, electronics, furniture, and jewelry.
Loss-Of-Use Coverage
If your home is deemed unlivable after a loss and repairs need to be made, loss-of-use coverage would provide financial compensation for any living expenses incurred until you can move back home.
Personal Liability Coverage
If someone were to become injured on your property, or you’re responsible for damage to someone else’s property, personal liability coverage would provide financial coverage for any legal expenses should you be sued and found responsible.
Medical Payments Coverage
This will help pay for small injuries or hospital bills for guests who are injured on your property, regardless of who is at fault.
Home Insurance by Coverage Amount in Buda, Texas
It’s always good to compare your home insurance policy to the averages because it can help you determine if you’re overinsured or underinsured. For example, if you’re paying far above the average, you’re likely overpaying for insurance or you’re just overinsured. However, if you’re paying well-below the average, you may not be carrying enough coverage leaving you underinsured. Let’s take a look at the average home insurance policy premium by coverage amount in Buda, Texas:
| Coverage Amount | Average Annual Premium |
|---|---|
| $75,000 | $984 |
| $150,000 | $1,301 |
| $200,000 | $1,509 |
| $350,000 | $2,140 |
Popular Home Insurance Policy Endorsements in Buda, Texas
Your home insurance policy will cover the basics, but what if you’re looking for additional protection outside of that? Let’s review some of the most common home insurance policy endorsements in Buda, Texas:
- Water Backup Coverage: This type of coverage protects your home and personal property from water damage caused by backed-up sewage systems, broken sump pumps, and backed-up drains. This policy add-on costs anywhere between $20-$50 per year, with coverages starting at $5,000. At TGS Insurance, our average customer pays $25 per year for water backup coverage.
- Equipment Breakdown Coverage: This policy add-on offers coverage for household appliances and systems if they become damaged due to a mechanical or electrical failure. Items include washers and dryers, ovens and microwaves, and water heaters- just to name a few. An equipment breakdown policy endorsement is about $20-$50 per year with about $50,000 in coverage, and most insurers have a deductible of $250-$500.
- Scheduled Personal Property Coverage: Your home insurance policy will cover your personal property up to a certain limit. This is why scheduled personal property is a popular endorsement for those looking for extra financial protection on items such as art, antiques, jewelry, silver or gold, electronics, furs, firearms, technology items, and musical instruments. The cost of scheduled personal property coverage is going to be about 1% to 2% of the item’s total value.
Why Buy Home Insurance in Buda, Texas with TGS Insurance
At TGS Insurance, we don’t believe customers should have to sacrifice a great home insurance policy for a cheaper rate, and vice versa. We shop your policy with over 35+ carriers to find you a policy that perfectly suits your needs and budget.
We don’t just stop at a great quote either, our customer care team will handle everything from start to finish for a seamless, stress-free shopping experience. We’ll help complete your enrollment process, cancel any existing policies, and even work with your mortgage lender for a smooth transition. We pride ourselves on delivering an easy approach to getting (and staying) insured!
The key to saving the most on home insurance is to continuously shop your policy year after year. At TGS Insurance, we will handle that for you. When it’s time for renewal, we shop your policy across our bank of carriers to ensure you’re always paying the lowest rate on the market, with either the same or even better coverage.
Shopping for home insurance in Buda, Texas has never been easier than with TGS Insurance! Our average customer saves $870 a year, don’t wait to see how much you could be saving!
Zip Codes in Buda, Texas That We Insure:
- 78610
Don’t see your zip code listed? Don’t worry, as long as it’s in Texas, we’ve got you covered!
