Comparison Shop Home Insurance in Katy, TX from Multiple Carriers in Minutes
As an independent insurance agency, we don’t work for one insurance company; we work for you! When you input your address, we will search our bank of trusted carriers and find you the best policy possible.
What is the Average Cost of Home Insurance in Katy, Texas?
In Katy, the typical annual cost of home insurance for TGS Insurance customers is $2,398. The actual price of your policy can vary based on several factors, including your home’s value and age, its location, and your credit score. Our experienced agents are here to assist you in finding the right coverage at a price that fits your budget. We’ll work with you to tailor your policy to your needs, ensuring you receive the protection you need without compromising on essential coverage.
Average Home Insurance Costs in Katy by Dwelling Coverage Limits
Dwelling coverage is a crucial part of your home insurance, protecting the physical structure of your home against covered risks. This coverage is designed to handle the costs of repairing or rebuilding your home if it’s damaged or destroyed by a covered event. The necessary amount of dwelling coverage is based on the cost of rebuilding your home. Your policy will have a maximum limit, known as the dwelling coverage limit, which should be sufficient to cover the full cost of rebuilding in case of a total loss.
Dwelling coverage limits can significantly influence your home insurance premium. A higher coverage limit typically results in a higher premium because the insurer assumes more risk.
| Dwelling Coverage Limits | Average Annual Premium (incl. Windstorm & Hail Coverage) |
|---|---|
| $100,000 - $200,000 | $1,579 |
| $200,000 - $300,000 | $1,863 |
| $300,000 - $400,000 | $2,338 |
| $400,000 - $500,000 | $3,058 |
| $500,000 - $600,000 | $3,431 |
| $600,000 - $700,000 | $4,128 |
What does Katy Home Insurance Cover?
A standard homeowners insurance policy in Katy, TX, typically includes several key coverages designed to protect your home and personal property.
- Dwelling coverage helps repair or rebuild your home if it’s damaged by covered perils like fire, windstorms, hail, or vandalism.
- Other structures coverage extends protection to detached structures, such as garages, fences, and sheds.
- Personal property coverage safeguards your belongings, including furniture, electronics, and clothing, against theft or damage.
- Liability protection covers legal expenses if someone is injured on your property or if you accidentally cause damage to someone else’s property.
- Loss of use coverage helps with temporary living expenses if your home becomes uninhabitable due to a covered loss.
While these are standard protections, Katy homeowners should consider additional coverage options, such as flood insurance, due to the area’s weather risks. At TGS Insurance Agency, we help homeowners find the right policy with the best coverage at competitive rates.
Additional Coverages for Your Katy Home Insurance Policy
Living in Katy, TX, comes with its own set of weather-related challenges that need to be covered in your homeowners insurance policy. Unless it’s expressly excluded, most policies cover common perils such as explosions, fire, hailstorms, theft, vandalism, and windstorms. Your standard homeowners insurance policy does not cover flood damage, and you’ll need to purchase a separate flood policy to ensure no gaps in coverage.
Insurance Coverage for Hail Damage in Katy
Katy, TX has recorded 13 severe weather warnings, 11 of those producing significant hail damage within the past 12 months. Hail damage can be a costly expense to your home, and damage to your roof could cost you thousands of dollars to repair- and sometimes, hail damage isn’t even included as a standard peril in your homeowners insurance policy.
THE TGS DIFFERENCE: To ensure you stay fully protected, we automatically write-in hail protection as part of your standard Katy home insurance policy, with a 2% hail/windstorm deductible that can be customized for your preference.
Insurance Coverage for Windstorm Damage in Katy
Homeowners in Katy are not immune to windy days, and most homeowners should consider getting windstorm insurance as part of their homeowners insurance policy. Windstorm coverage will provide you with financial protection should your home take on damage due to a tornado, hurricane, tropical storm, or other peril named in your policy.
THE TGS DIFFERENCE: We believe you should be protected for any event, and that includes windstorms. We automatically add windstorm coverage to our standard Katy homeowners insurance policies with a 2% windstorm/hail deductible. We can easily add or remove windstorm coverage based on your preference! Getting windstorm coverage has never been easier!
Insurance Coverage for Flood Damage in Katy
Homeowners in Katy, TX, can easily bundle their homeowners insurance with their flood insurance policy for the most protection at the best rate. Hurricane Harvey was a catastrophic event that proved that every homeowner in Katy is vulnerable to flood damage no matter where you live. In Katy, flood insurance can cost anywhere between $400-2,000 a year, depending on where you live. The average TGS Insurance flood insurance policy is Katy can cost around $435 per year.
