Home Insurance in Fate, TX Just Got A Lot Easier!
How Much Does Home Insurance in Fate Cost?
Homeowners insurance in Fate, Texas costs an average of $940 per year among TGS Insurance Agency customers. This average includes windstorm and hail coverage with a 2% deductible and is based on policies with an average home value of $259,393. While every policy is different and contingent on many factors, including your home’s value and coverages your choose, we have proudly been able to save our Texas customers an average of $870 per year on their home insurance premiums when they switch to us. Finding out how much you can be saving is as easy as providing your address above for an instant quote– really!
Compare the Average Cost of Homeowner Insurance in Fate, Texas by Home Value
Below is a comparison of the average home insurance quote from TGS Insurance Agency in Fate by home value. Home value is one of many factors that influences your home insurance rate. Below, home values are rounded to the nearest $25,000 so $150,000 includes homes in the $125,000 to $175,000 range, etc.
| Home Value | Average Annual Premium (incl. Wind Coverage) |
|---|---|
| $150,000 | $547 |
| $200,000 | $734 |
| $250,000 | $941 |
| $300,000 | $1,084 |
| $350,000 | $1,238 |
| $400,000 | $1,361 |
| $450,000 | $1,601 |
Property Owners in Fate, Texas Can Expect Personalized Homeowners Insurance Coverage with TGS Insurance.
A basic home insurance policy typically provides some level of the following coverages:
- Dwelling coverage
- Other structures coverage
- Personal property coverage (Up to a limit)
- Loss-of-use coverage (Living costs should your home be uninhabitable)
- Liability (Medical and legal)
Your homeowners insurance policy will cover the basics, but if you’re looking for coverage outside of your policy you’ll want to look at policy add-ons. These are some of the most common policy add-ons you can buy:
- Flood insurance
- Umbrella insurance
- Animal liability
- Water backup coverage
- Equipment breakdown coverage
- Extended replacement cost
- Scheduled personal property
The add-ons listed above are some of the most common policy add-ons in Fate, Texas. But, it’s important to talk to your TGS Insurance agent about what add-ons would be best for you and your home, to help bridge any gaps in coverage you may want to close.
Common Perils in Fate, Texas That Every Homeowner Needs Coverage For
As a Texas-based agency, we know all too well how unpredictable and crazy our state’s weather can get. Between the floods, hailstorms, hurricanes, tornadoes, tropical storms, and windstorms that hit our state every year, it’s important to have the right homeowners insurance coverage that protects you against each of these common weather occurrences.
Your basic HO-3 homeowners insurance policy will cover these common perils:
- Fire and smoke
- Lightning
- Hail and windstorms
- Explosions
- Vandalism, theft, and malicious mischief
- Falling objects
- Aircraft and vehicles
- Riot or civil disturbance
- Power surges
- Weight of ice, snow, sleet
- Water damage (Sudden & accidental)
It’s important for us to call out that flood coverage is not covered under your homeowners insurance policy. So, for homeowners that want coverage for floods, you must purchase a flood insurance policy. The average Texas homeowner pays $634 per year for flood coverage but that cost can vary depending on where you live and how at-risk your home is. At TGS Insurance, our average customer pays just $528 per year for flood insurance. Some homeowners don’t believe flood insurance is a worthy investment, but when you consider that the average flood damage claim in 2018 was $42,580 and over 25% of flood claims come from homes living outside a flood zone, we see a flood insurance policy as a worthy investment for each of our clients!
In addition to flood insurance, Texas homeowners need to be cognitive of the proper windstorm and hail coverage due to the sheer number of tornadoes and hurricanes that hit our state every year. At TGS Insurance, we believe our customers should be prepared for anything, which is why we include a 2% wind/hail deductible into every policy we write for Fate, Texas homeowners!
TGS Insurance is Your One-Stop-Shop for Insurance in Fate, Texas
Getting the right home insurance policy shouldn’t be difficult or expensive and at TGS Insurance Agency, it’s not! We comparison shop every policy through our bank of 35+ A-rated (or better) carriers to ensure each client is getting the best home insurance policy for their needs at the best rates possible. We’ll even handle the entire enrollment process from beginning to end for a seamless, hassle-free shopping experience!
Our goal is to help our customers save on insurance, which is why you should always consider bundling your policies together for big savings! Bundling your various policies together can save you upwards of 25% in premiums. Do you have an auto insurance policy? What about a watercraft that needs boat insurance? Talk to your TGS Insurance agent to see how we can help!
Zip Codes in Fate, Texas That We Insure:
- 75087
- 75132
- 75189
If you don’t see your zip code listed, not to worry! As long as you live in Texas we’ve got you covered with great insurance! Get started with a free quote today
