Get Kilgore Home Insurance Tailored to your Needs
When it comes to Kilgore homeowners insurance, Texas property owners can rely on TGS Insurance Agency for personalized coverage.
A standard homeowners insurance policy will cover the following:
- The structure of your home
- Replacement costs
- Personal possessions (Ex: appliances, electronics, furniture, etc.)
- Living expenses in case of a disaster (Ex: Fire)
- Liability (Lawsuit and medical bills)
If you’re looking for additional coverages outside of your standard homeowners insurance policy, you can add a supplemental policy. Popular add-ons include:
- Valuable Articles/Floater policies (Ex: Jewelry insurance)
- Flood insurance
- Earthquake policies
- Umbrella policies (Extra liability coverage)
- Animal liability (Your pet is not covered by homeowners insurance or you want more coverage)
Kilgore Home Ownership Costs
In Kilgore, TX home insurance premiums average $1,189 per year, which is under the national average of $2,305 per year. Texas comes in with the 5th highest average insurance premiums in the United States.
Median Home Value (owner-occupied)1: $112,000
Median Household Income1: $54,536
Whether you’re new to owning a home or just looking to evaluate your current homeowners insurance policy, a TGS insurance expert can help you find the right policy for your home! Our average customer saves $870 per year on homeowners insurance.
Most Popular Additional Home Coverages in Kilgore, TX:
Windstorm and Hail Coverage: Kilgore, TX is located just east of Dallas and homeowners know all-too-well how many storms and tornadoes can roll through the area. These weather events can bring gusty winds and damaging hail that can lead to costly repairs to your home and property and without the right coverage, you’ll be handed the bill. At TGS Insurance, we believe you should be prepared for any event which is why we automatically write-in a 2% wind/hail deductible into every homeowners insurance policy we write!
Water Backup: Water damage in your home from a broken sump pump, sewer, or drainage backup can be a disgusting and expensive event to clean up. And what’s even worse? It’s not covered by homeowners insurance or flood insurance. Luckily, we can provide our customers with this water backup add-on for anywhere between $50-$250 per year depending on how much protection you want, with coverages starting at $5,000 going up to $25,000.
Flood Insurance: It’s a common misconception that homeowners insurance will cover flood damage, when in fact it does not. Restoring your home after a flood can be devastating and a costly endeavor, with just one inch of water averaging $25,000 in damage. Purchasing a flood insurance policy to protect your home and personal possessions is an important policy for every homeowner to have.
Most Common Home Insurance Questions from Our Customers Near Kilgore, TX
Can you settle for more than policy limits?
Yes, you can settle for more than the policy limits. If your damages are more than the defendant’s liability coverages, you can sue and recover the remaining balance by garnishing their wages, putting a lien on their property, or taking any financial assets they have.
Is it a legal requirement to have home insurance in Kilgore, TX?
No, it’s not a legal requirement to have homeowners insurance but strongly advised. If something were to happen to your home such as a fire, you’d be on the hook 100% financially for any damages or repairs. If you’re still paying on your mortgage, it’s likely your mortgage lender will ask that you have a homeowners insurance policy or carry a certain amount of coverage until you’re finished with your loan.
How much will a security system lower my homeowners insurance?
Installing a home security system can lower your homeowners insurance rates as much by as 20%. Be sure to talk to your insurance agent about what discounts are available to you.
Our Local, Independent Agents Are Ready to Help You With Your Kilgore, TX Homeowners Insurance:
TGS Insurance is here to serve homeowners in Kilgore, TX for all of their insurance needs. Our team will find you the best homeowners insurance policy that fits all of your coverage needs for the lowest price available. We’ll handle everything from start to finish for a seamless and stress-free experience.