Kyle, TX Homeowners Insurance Made Easy with Quick, Accurate Quotes!
What is Home Insurance and How Does it Work?
Home insurance is your financial protection to help cover the cost for repairs and replacements to your home and the contents inside that are damaged from covered events or perils. Additionally, home insurance provides coverage for other structures on your property, liability coverage, loss of use coverage, and medical payments.
Home insurance policies vary but typically, a standard home insurance policy is made up of six basic coverages, including:
Coverage A- Dwelling Coverage: Protects the physical structure of your home and anything attached to it. For example, your wall structure, heating and cooling system, and plumbing system.
Coverage B- Other Structures Coverage: Covers any detached structures, such as fences, sheds, detached garages, or mailboxes.
Coverage C- Personal Property Coverage: Protects any personal belongings such as clothing, electronics, jewelry, etc., up to a certain limit.
Coverage D- Loss of Use Coverage: Offers financial compensation for any living expenses such as food and lodging should you be displaced from your home temporarily due to a named policy peril.
Coverage E- Personal Liability Coverage: Provides coverage to pay for any claims for property damage or bodily injury to others that you or a member of your home are responsible for.
Coverage F- Medical Payments: Covers small guest injuries if someone were to get injured on your property, regardless of who is at fault, usually up to $5,000.
How Much is Home Insurance in Kyle, TX?
The average cost for home insurance in Kyle, Texas is about $1,204 per year. At TGS Insurance, we save our Texas customers an average of $870 each year on homeowners insurance.
How Do Insurance Carriers Calculate Home Insurance Rates in Kyle, Texas?
The way your home insurance premium is determined is based on how much risk your insurance provider will take on when insuring you. The more of a risk you are, the more you can expect to pay in home premiums and vice versa. Every insurance provider looks for a variety of factors including the age, location, build type, and size of your home. They also take a look at your credit history, claims history, and the amount of coverage you need.
Other things include:
- Roof type
- Pets
- Security systems
- Distance to coast
- Neighborhood crime rate
- Common weather events (Ex. hurricanes or tornadoes)
- Attractive nuisances (Ex. pool, trampoline, playground, etc.)
Shopping and comparing homeowners insurance is important because each provider weighs these factors differently. A general rule of thumb is to get at least 5-10 quotes from different providers to find an accurate rate. We understand how tedious that process can be, which is why at TGS Insurance, our agents do all the hard work for you! We’ll shop your home insurance policy from our bank of over 35 top-rated providers to find you coverage that is tailored to your needs and budget. Your time is important, don’t waste it on shopping for insurance. Get your hassle-free home insurance quote in just 15 seconds or less by using your address right now!
Average Cost For Home Insurance in Kyle, TX Based on Coverage Amount
Comparing your current home premium with other home premiums in your area can help you see if you are paying above or below the average for the Kyle, Texas area. If you are paying above the average, you could be overinsured and paying for coverage you don’t really need, or you could just be overcharged for coverage. If your home premium is below the average, you could be underinsured and could be at risk of paying for claims out of pocket in the event a hurricane, or other disaster happens.
Let’s take a look at what homeowners in Kyle, Texas are paying based on coverage amount:
| Coverage Amount | Average Annual Premium (incl. Wind Coverage) |
|---|---|
| $75,000 | $1,001 |
| $150,000 | $1,330 |
| $200,000 | $1,548 |
| $350,000 | $2,190 |
*We used the Texas Department of Insurance to calculate premiums. Methodology based on a homeowner with average credit, owns their home, no claims within the past 5 years, age of house is 10 to 34 years made of brick and includes windstorm coverage.
Most Common Home Insurance Add-Ons in Kyle, Texas
Your home insurance policy will protect your home and personal items from covered perils or events such as a fire, hail damage, or break-in. Your policy will always state the perils it covers. The most common HO-3 home insurance policy will protect you against the following perils unless specifically excluded:
- Accidental overflow or discharge of water
- Aircraft
- Explosion
- Falling objects
- Fire or lightning
- Freezing
- Power surges
- Riot or civil disturbance
- Smoke
- Sudden or accidental damage to water heater or HVAC
- Theft
- Vandalism or malicious mischief
- Vehicles
- Volcanic eruption
- Weight of ice, sleet, or snow
- Windstorm or hail
While you are protected from these common perils, you’ll want to look at what specifically affects your area. In Kyle, Texas, homeowners are no strangers to hail/ windstorm events, water damage, and theft, and you’ll want to double-check your policy to make sure it is packed with the protection you need so you’re not left paying out of pocket for damages.
- Windstorm and Hail Coverage: Hail and windstorm damage are the two most common insurance claims made in Texas, and without the right protection, you could be left with the bill from one of these expensive claims. At TGS Insurance, we want you protected for any event which is why we automatically write in a 2% wind/hail deductible into every Kyle, TX homeowners insurance policy we write.
- Water Damage: Your home insurance policy will cover water damage that was sudden or accidental, and it couldn’t be prevented. What is NOT covered is flood damage, accidental sewer backup or overflow, gradual water damage, or damage due to lack of maintenance. A water damage add-on costs anywhere from $50-$250 per year with coverages starting at $5,000.
- Theft: Kyle, Texas has a theft rate of 1,077 per 100,000 thefts reported in 2019 alone. In the event you experience theft, your home insurance policy will provide coverage under your personal property coverage, but only up to a certain limit. If you have high-priced valuables such as jewelry, artwork, or fur coats, where their values surpass your policy’s limits, you’ll need to consider purchasing a scheduled personal property or some other form of extended coverage to fully insure those valuable items.
Your TGS Insurance agent will be able to assist you in securing the converge you need for the most common perils in Kyle, Texas, so you can have peace of mind knowing you are covered.
Common Questions About Home Insurance in Kyle, TX
Will homeowners insurance pay for a new roof?
Typically, the standard homeowners insurance policy will cover your roof and the cost of replacing it if it gets damaged by a covered peril. You’re covered if the damage or loss was caused by a sudden or accidental act of nature. Issues resulting from general wear and tear of your roof do not qualify for reimbursement because it falls under the general maintenance of a homeowner.
Can I buy homeowners insurance online?
Yes! You can purchase homeowners insurance online, but it is best to speak with an agent from TGS Insurance. They will understand your insurance needs and find you the best coverage and rate accordingly.
Can you get homeowners insurance with bad credit?
Having a low credit score doesn’t automatically exclude you from home coverage. What likely will happen is that you will have to pay a higher home premium rate for your policy.
Trust The Experts at TGS Insurance For Your Home Insurance Needs
TGS Insurance has been insuring Texans since 2017 and we’ve continued to be the fastest-growing insurance agency in the state with over 15,000 customers and over $4.27B uninsured assets.
What’s our secret?
We don’t believe great home insurance should cost a fortune, which is why we shop every policy from our bank of over 35 highly-rated insurance providers to find all of our customers an insurance policy that is crafted towards their needs and budget. Our agents handle everything from start to finish from enrollment to setting up payment, we do it all so you can have a hassle-free buying experience. But we won’t stop there, we will shop your policy each year to make sure you are maintaining the same great coverage and paying the lowest rate.
Our agency strives to provide top-of-the-line customer service to ensure all of your needs are taken care of. While we don’t like to brag, we’ll let our reviews from real, authentic customers speak for themselves. We’re rated 4.8 out of 5 stars with over 1,600+ reviews on TrustPilot and 4.5 out of 5 stars with over 215+ reviews on Google.
