La Marque Home Insurance Just Got A Lot Cheaper!
How Much is Home Insurance in La Marque,TX?
The average cost for homeowners insurance in La Marque, TX is about $1,164 per year. Experience great savings when you switch to TGS Insurance! Our Texas customers save an average of $870 each year on their homeowners insurance.
Calculating Premiums for Home Insurance in La Marque, TX
Homeowners insurance premiums are calculated based on property-specific and regional-specific factors. But it mostly comes down to risk: how much risk is the insurer taking on to insure your home. Some factors are totally out of your control but there are ways you can reduce your premium. Take a closer look at just a few of the things insurers look at when calculating your home insurance premiums:
Location
Your zip code and address impact the price of your premium to an extent. Home insurance tends to be more expensive in areas that have high crime rates or are near the coastline because there is more of a risk of vandalism or destruction from floods or hurricanes. Similarly, if you live in a relatively low-risk area you can expect to pay a lower premium!
Specific Details About Your Home
Your home’s age, construction materials, piping, heating/cool system, square footage, age of roof, etc., all affect your home insurance premium. Typically, homes that are 40+ years old tend to be more expensive to insure than newer homes. In addition, homes that are well-maintained and kept up with can see significant discounts on their rates.
Coverage Amount
If you are wanting to increase your homeowners insurance coverage limits for more protection, it will raise your premium rates. This would likely happen if you’ve got a very expensive home entertainment system or expensive artwork you want to be covered.
Credit Score
Homeowners who have a bad credit score tend to be considered more of a risk to insure in the eyes of insurance companies. So while your credit score won’t keep you from getting insured, your credit score does factor into your rate.
Discounts
Some insurance providers offer discounts for homeowners who are loyal customers or by bundling your home and auto policies together. Ask your insurance agent to see if you qualify for any discounts.
Understanding Your Insurance Coverage is Crucial!
Understanding the lingo in your homeowners insurance policy is imperative to understand what coverage you do and don’t have. We’ve included a short video explaining how to read your policy and the basics of homeowners insurance!
Popular Supplemental Home Coverages in Your Area:
Flood Insurance: La Marque, TX is near the Texas coastline and homeowners are not immune to the devastating floods that can occur as a result of a hurricane or tropical storm. Flood insurance is imperative for coastal homes to offer financial protection should you need it, since flood damage is not covered by homeowners insurance. The standard flood insurance policy averages around $637 per year but can vary depending on your home’s location.
Windstorm and Hail Coverage: When dealing with wind damage, there are two types of windstorm deductibles you need to know about. First, is a hurricane deductible which solely covers loss from hurricanes and the second is a wind/hail deductible which protects your home and personal belongings from any type of wind damage. Windstorm and hail coverage is great for La Marque, TX homeowners because this area is prone to all sorts of wind and hail storms due to the proximity to the coast. Windstorm and hail coverage guarantees your home and items you value the most are fully protected. At TGS Insurance, we automatically write in a 2% wind/hail deductible into every policy we write for La Marque, TX homeowners!
Water Backup: Water backup coverage is there to protect your home and personal belongings should you experience water damage due to an unexpected sewage backup or sump pump breaking. This type of coverage isn’t usually included in your standard homeowners insurance policy and is a great add-on to bridge any gaps in coverage. It can cost anywhere between $50-$250 per year and starts with $5,000 in financial protection up to $25,000.
Common Home Insurance Questions from Our Customers in La Marque
Do you need home insurance if your house is paid off?
Regardless if you paid off your home or not, you should always have homeowners insurance because it not only protects your home, but your personal belongings, other structures of your home, and if you’re liable for an accident. Homeowners insurance provides a financial safety net for the items you care about most.
How much will a security system lower my homeowners insurance?
Installing a security system in your home can lower your home insurance premium by up to 20%. Be sure to talk to your insurance agent to see what discounts are available to you.
Are homeowners insurance rates going up?
It’s estimated that home insurance rates have gone up almost 59% within the past decade. This is due to rising construction costs and increased natural disasters such as wildfires and hurricanes.
Our Featured Agents Are Ready to Help You With Your La Marque Homeowners Insurance:
Our customer-focused team of agents are here to assist you with all your insurance needs. Whether you have questions about your homeowners insurance policy or want to add on more coverage options, we are here to help with all your insurance needs. We shop from 35+ highly-rated insurance providers, which allows us to find you a great policy for an affordable price. We guarantee to be with you every step of the way so you have the confidence knowing you are protected with TGS Insurance.
