Mission, TX Home Insurance with Better Coverage & Lower Monthly Payments!
How Much Homeowners Insurance in Mission, Texas Cost?
Home insurance in Mission, TX costs an average of $990 among TGS Insurance Agency customers. This average includes windstorm and hail coverage written with a 2% deductible and is based on policies with an average home value of $274,826. While every policy is unique and contingent on multiple factors, including your home’s value and coverages your choose, we have proudly been able to save our customers across Texas an average of $870 per year on their home insurance premiums when they switch to us. Finding out how much you could be saving is as easy as providing your address above for an instant quote!
Comparing the Average Cost of Home Insurance in Mission by Home Value
Below is a comparison of the average home insurance quote provided by TGS Insurance Agency within some of the most common home value ranges for Mission, Texas. Home value is just one of many factors that influences your home insurance premium. Below, home values are rounded to the nearest $25,000 so $300,000 includes homes in the $275,000 to $325,000 range, etc.
| Home Value | Average Annual Premium (incl. Wind Coverage) |
|---|---|
| $150,000 | $797 |
| $200,000 | $867 |
| $250,000 | $951 |
| $300,000 | $1,025 |
| $350,000 | $1,102 |
| $400,000 | $1,197 |
| $450,000 | $1,237 |
| $500,000 | $1,344 |
| $550,000 | $1,499 |
| $600,000 | $1,475 |
| $650,000 | $1,593 |
What Will A Standard Mission, TX Homeowners Insurance Policy Cover?
Homeowners insurance is to help you financially if a covered peril damages your home or personal belongings. Your policy will also go beyond just your home and cover any expenses related to an accident or injury that you or a member of your household are liable for. Every home insurance policy is made up of six different coverages, let’s review in detail what each of these is:
Coverage A – Dwelling
This coverage will protect your home and any structures attached to it, including any plumbing or wiring. It’s important to consider getting dwelling coverage that is enough to completely rebuild your home to its current value. So for example, if you bought your home for $250,000 and have done updates and it’s now worth $300,000, your dwelling coverage should cover the $300,000 to rebuild your home. Because if not, you’ll be left with the remaining balance to get your home back to where it was before the disaster.
Coverage B – Other Structures
This type of coverage protects any stand-alone structures on your property, such as your garage, fence, or shed. Some insurance providers will protect swimming pools under this coverage too.
Coverage C – Personal Property
Personal property coverage pays to repair or replace your belongings that have been stolen or damaged by a covered peril. Items include appliances, clothing, electronics, furniture, jewelry, and more! If you have any pricey items like artwork or valuable collections, consider a supplemental policy to cover any gaps in coverage should your valuables exceed your policy limits.
Coverage D – Loss of Use
Loss of use helps pay for temporary living expenses (hotel/food) if your home is not livable because of damage from a covered event.
Coverage E – Personal Liability
Personal liability protection covers any claims made against you if you or a member of your household were liable for any bodily injury or property damaged.
Coverage F – Medical Payments to Others
This type of coverage pays the medical fees for someone injured on your property, regardless of who’s fault it is. It also covers the medical fees if you, a family member, or a pet injures someone else. This type of coverage does not apply to you or your household members.
At TGS Insurance Agency, our independent agents are dedicated to working with you to build an insurance policy that is tailored to your specific needs- including helping you determine what level of each type of coverage you need to be fully protected.
Go Beyond Standard Coverage With Common Home Insurance Endorsements in Mission, TX
Flood Insurance: 43% of homeowners believe that their homeowners insurance policy covers flood damage, which is simply untrue. If you want financial protection against water damage caused by a flooding event, you must have a flood insurance policy. The average flood insurance policy costs about $634 per year but can vary depending on where you live!
Water Backup: Damage from a water backup is the second most-filed type of claim homeowners make each year and unfortunately not covered by most home insurance policies without a water backup add-on. Water backup coverage protects your home and personal items from sewage, drain, or sump pump overflows. This policy add-on can range from $50-$250 per year with coverage starting at $5,000.
Windstorm and Hail Coverage: Wind and hail damage are two of the most common insurance claims filed in Texas. Because of Mission, TX’s proximity to the Gulf of Mexico, homeowners are at risk of damaging (and expensive) wind and hail events brought on by the many hurricanes, tropical storms, and severe thunderstorms that batter the Texas coastline. The national average for a wind and hail claim is $8,692 and without the right protection, you could be stuck with the bill. At TGS Insurance, we want you to feel confident you’re covered in any situation, which is why we automatically write in a 2% wind/hail deductible into every homeowners insurance policy we write!
We’re Your “One-Stop-Shop” for Insurance – Bundle Our Services and Save!
Bundling your home and auto policies allows you to potentially save 25% on your premiums! Do you need umbrella insurance? Do you own a boat or motorcycle? What about an RV? Contact one of our insurance agents to see what bundling options are available to you!
Zip Codes in Mission, TX That We Insure:
- 78503
- 78572
- 78573
- 78574
Don’t see your zip code listed? Don’t worry, as long as it’s in Texas, we’ve got you covered!
