Wichita Falls Home Insurance Made Simple with Hassle-Free, Accurate Quotes!
When it comes to Wichita Falls homeowners insurance, Texas property owners can rely on TGS Insurance Agency for personalized coverage.
A basic homeowners insurance policy will cover the following:
- The structure of your home
- Replacement costs
- Personal possessions (up to a set limit)
- Living expenses in case your home is unlivable due to a disaster
- Liability (in the event someone gets injured on your property and tries to sue you)
You can purchase supplemental policies to add to your home insurance suite such as:
- Valuable Articles/Floater policies (i.e. Jewelry Insurance)
- Windstorm/hail policies
- Flood insurance
- Umbrella policies (additional liability)
- Animal Liability (liability issues due to household pets)
Wichita Falls, TX Home Ownership Costs
Median Home Value (owner-occupied)1: $97,400
Median Household Income1: $45,476
In Wichita Falls, TX, home insurance premiums average $3,026 annually, which is over the national average of $2,305 per year. Texas comes in with the 5th highest average insurance premiums in the country.
Are you a first-time homeowner? Or maybe you are simply looking to reevaluate your home insurance costs? Either way, TGS Insurance is here to help you find the right policy for your home. Our average customer in Wichita Falls pays $1,664 per year, which means an annual savings of $1,362 compared to the area average!
Most Popular Additional Home Coverages in Wichita Falls, TX:
Windstorm and Hail Coverage: Homeowners in Wichita Falls, TX are familiar with the damage severe thunderstorms, hail, tornadoes, tropical storms, and hurricanes can bring. Severe windstorms and hail events can bring damage that can require costly repairs to your property and without the right coverage, you’ll be stuck paying for them out of pocket. TGS Insurance believes you should be prepared for anything and that includes wind and hail damage. This is why we automatically include a 2% deductible for any windstorm/hail damage in every homeowners insurance policy we write!
Water Backup: Water damage from inside of your home due to sewer or drainage backup is an expensive and messy hurdle to overcome that is not covered by homeowners insurance nor flood insurance. Luckily, TGS Insurance provides add-on protection against sewer and drainage backup that can help you protect up to $5,000-$25,000+ worth of damages.
Flood Insurance: As many as 20-25% of all flood claims come from homes outside of flood zones. Flood events can be devastating and expensive and without adding flood coverage to protect your home, you’ll be left to contend with the costs to restore what is lost in the aftermath. The average Texas policy costs around $634 per year but will vary depending on your location.
Most Common Home Insurance Questions from Our Customers Near Wichita Falls, TX
Does homeowners cover lost jewelry?
Your homeowners insurance will cover lost jewelry; however, only up to the amounts stipulated in your policy. If you’re needing to cover an expensive piece or a collection that exceeds your policy limits, you’ll need to purchase additional jewelry insurance in the event of theft or damage.
Do I need homeowners insurance during construction?
You may not need regular homeowners insurance but should at least cover yourself from fires and other appropriate perils that can occur during construction. Speaking with your agent will guide you to the right homeowners policy for your home while it is being built.
Are fires covered by home insurance?
Yes, thankfully, home insurance will help you restore and rebuild in the event of a fire. While one of the least made claims in home insurance, fires can be one of the most destructive claims a homeowner can endure. Replacing your things and your home can be a stressful and financial burden. Home insurance is there so that you don’t have to face one of these horrifying events alone.
Our Local, Independent Agents Are Ready to Help You With Your Wichita Falls, TX Homeowners Insurance:
TGS Insurance works for you. Our team of experts finds you the right coverage for the lowest rate available to give you the most coverage while saving your money. Homeowners in Wichita Falls, TX, receive monthly savings and peace of mind provided through our world-class customer service.
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