home insurance Archives - Page 8 of 26

Filing a Home Insurance Claim for Hail Damage Step 2

As I write this, I’ve answered several calls and text message from clients about the latest hail storm that hit Denton and Colling counties Monday evening. The hail started out the size of golf balls and grew to baseball and softball size as it traveled east. Last week, I outlined the first step I recommend most clients take, which is to have a local roofer survey your roof for damage. The next step is to file the home insurance claim by calling the claim number for the carrier.

Umbrella Insurance – What is it and Who Needs One?

I was gathering information a few days ago from a prospective client on a new home she and her husband are buying. Once we’d reviewed everything for me to quote their home and car insurance, I asked her a question that allows me to advise them on their property and liability coverage. The question was, “Without providing me a specific number, is your family’s combined annual household income north or south of $125,000?”

Liability Coverage, Deductibles and Your Home Insurance Policy

Two weeks ago, I provided an overview of the coverage contained in a Texas home insurance policy (see https://wiseinsurancegroup.com/a-texas-home-insurance-overview/). Last week, we dug deeper into the policy with a look at the four categories of property coverage including dwelling, other structures, personal property, and additional living expenses (see https://wiseinsurancegroup.com/4-property-coverage-categories-home-insurance-policy/). In this week’s post, we’ll examine personal property, medical coverage, and policy deductibles.

The 4 Property Coverage Categories in a Home Insurance Policy

There are 4 categories of property coverage in a home insurance policy including home or dwelling coverage, personal property or contents, other or detached structures, and additional or extra living expenses.

Home Insurance and the Disappearing Back Yard

Homeowner’s in Frisco finds themselves caught between a rock and a hard place as they wait for their homeowners association and neighborhood developer to decide who’s responsible for the collapsing slope behind his home. It also raises a question of what their home insurance policy covers and doesn’t cover.

Misleading Home Insurance Offer Letters

Sheri’s and my home insurance renews in March. Over the past few weeks, we’ve received a number of offer letters from insurance agents with a variety of companies. All of them offer what appears to be huge savings. If I were not an insurance agent, I would be very interested, however, I am an insurance agent and I know what I’m looking at when I read these offer letters. The savings they promise really is too good to be true!

Demolition, Debris Removal and Home Insurance

Over the past five weeks, I’ve written about home insurance topics related to the tornadoes that hit north Texas on December 26th including picking the right roofer or contractor, claim steps, important coverage in the event of a total loss, how claims are paid and why a home inventory is invaluable after a major claim. I felt it appropriate to end this series with a look at two things home insurance covers which are factored into the home’s dwelling value that most homeowners don’t think about, demolition and debris removal.

Do You Have a Home Inventory?

On Saturday, December 26, the temperatures were unseasonably warm, due to the warm air flowing up from the Gulf. A cold front rolled in from the west late that afternoon to collide with the warm Gulf air and set off 11 tornadoes across north Texas which killed 11 people and damaged or destroyed over 1,200 homes and businesses in Red Oak, Garland, and Rowlett.

How Home Insurance Claims are Paid

I had an interesting question last week from a prospective client. I was explaining personal property coverage on the home insurance quote I’d prepared for them when they asked, “If my house burned down, the insurance company will write me a check for $X to replace all my personal property?”

Will Your Home Insurance Cover a Total Loss?

Do you have enough coverage in your home insurance policy to cover a total loss? Do you have the right coverage? The answer to these two questions may never be known until you experience a situation like over 100 homeowners did after Christmas when tornadoes rumbled through Red Oak, Garland, and Rowlett. Over 1,200 homes and businesses were damaged or destroyed by 11 tornadoes which ransacked parts of north Texas on December 26th.

Tag: home insurance

Filing a Home Insurance Claim for Hail Damage Step 2

Umbrella Insurance – What is it and Who Needs One?

Liability Coverage, Deductibles and Your Home Insurance Policy

The 4 Property Coverage Categories in a Home Insurance Policy

Home Insurance and the Disappearing Back Yard

Misleading Home Insurance Offer Letters

Demolition, Debris Removal and Home Insurance

Do You Have a Home Inventory?

How Home Insurance Claims are Paid

Will Your Home Insurance Cover a Total Loss?

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