Home Insurance in Weslaco, TX Just Got A Lot Easier!
How Much is Home Insurance in Weslaco, Texas?
The average homeowner living in Weslaco, Texas pays $1,661 on home insurance each year, which is lower than the statewide average of $3,429. TGS Insurance believes good coverage doesn’t have to be expensive. Our average client living in Weslaco, Texas only pays $1,113 a year for their policy- that’s an annual savings of $548 a year compared to the city average!
What Will Standard Weslaco, Texas Homeowners Insurance Cover?
Understanding your homeowners insurance is important for any homeowner. Your home insurance policy covers named perils that can cause you and your home to experience a loss. Should you experience a loss, your insurance company will reimburse you for the damage according to your policy limits. Homeowners insurance isn’t blanket coverage for any and everything because if it is not explicitly named on your policy, it will not be covered. A perfect example of this is flooding which many homeowners are often surprised to hear is not covered by a standard HO3 homeowners insurance policy. Learn more below about some of the most common home insurance coverages that are in place to protect your home:
Coverage A – Dwelling
Protection against damage to your home and structures connected to your home such as plumbing, wiring, heating, and permanent A/C units.
Coverage B – Other Structures
Other Structures coverage protects structures that are not connected to your home such as detached garages, fences, guest homes, and sheds.
Coverage C – Personal Property
Personal Property protection is there in case your possessions are damaged, lost, or stolen. Homeowners can receive reimbursement for a variety of items including clothes, furniture, electronics, valuables, and more, though policy limits do exist. Your protection doesn’t end within your home either. Your policy extends to items that are lost, stolen, or damaged even when not on your property. (Ex. Items in a storage unit.)
Coverage D – Loss of Use
Should your home become uninhabitable due to damages, Loss of Use coverage will help you pay for living expenses such as lodging and food until your loss is restored.
Coverage E – Personal Liability
Personal Liability protects you and your bank account from liability should someone else become injured or suffer damages that you are at fault for.
Coverage F – Medical Payments to Others
If someone is injured while on your property, Medical Payments to Others coverage is there to help pay for their medical bills so that you don’t have to out-of-pocket up to $5,000.
Common Additional Home Coverages in Weslaco, Texas
Jewelry, Fine Arts & Collectibles: Your homeowners insurance will protect your possessions against many named perils, but only up to a defined limit. For homeowners with valuable collections and expensive collectibles, additional coverages may be necessary to avoid gaps in coverage. By adding this to your home insurance policy, you’ll better protect your valuables and avoid restoring your loss using money from your own pocket should you need to submit a claim.
Flood Coverage: As many as 43% of all homeowners believe that home insurance policies cover flooding. This is unfortunately not true. To protect your home against flood damage, you’ll need to purchase a separate flood insurance policy. Furthermore, as many as 25% of all flood claims come from homes outside of flood zones. This means even if you think your home doesn’t need protection, you could be stuck paying to restore the damages yourself in the aftermath of a flood. On average, most Texans pay $634 per year for flood insurance. At TGS Insurance our average customer pays just $528 per year.
Windstorm/Hail Coverage: Severe thunderstorms, tropical storms, hurricanes, tornadoes, and hail are all threats for homes in Weslaco, Texas bringing the potential for devastating damage. Having windstorm and hail coverage can help you restore the losses that occur due to these weather-related perils. TGS Insurance automatically writes in windstorm protection at a 2% deductible for our clients so that they are prepared with their home insurance policy for anything that may blow their way!
We’re Your “One-Stop Shop” for Insurance – Bundle Our Services and Save!
Staying protected is important but so is saving money. By bundling, you can take advantage of great discounts for your protections such as when you bundle your home and auto policies. Are you looking to protect against additional liability with an umbrella policy? Do you need boat insurance to protect your watercraft? No matter what needs protection, we’ve got you covered! TGS Insurance is here to find you the right coverage for your needs all while saving you money!
Zip Codes in Weslaco, Texas That We Insure:
Don’t see your zip code listed? Don’t worry, as long your home is in Texas, we’ve got you covered!