Home Insurance in Texas

Buying a new home is a major investment and decision. For those that are in the Dallas, TX area, ensuring that their home is properly protected is a necessity. One of the best ways to do this is by getting a quality home insurance policy.

When you are shopping for a new home insurance policy, there are several factors that need to be considered.

Property Damage Coverage

When building your insurance policy, you first need to consider your property insurance needs. A property damage policy will provide you with coverage in the event your Texas home is damaged or destroyed. When determining the level of coverage, you should consider several factors including the purchase price, the price to rebuild the property, and your mortgage balance. Ideally, you should have enough coverage to return any equity you had in your home if it is damaged.

Liability Coverage

Those that are getting a home insurance policy should also look into liability insurance. In the event that someone is injured while on your premises, you could be held liable, even if you were not negligent. The liability portion of your policy will provide you with coverage if you are sued and found liable.

Additional Specialty Coverage

Depending on where you live, you may need to have additional coverage to cover specific risks. For example, those that live in a Texas flood zone will need to have an additional flood insurance policy to provide adequate coverage for the potential damage.

When you are shopping for a Texas home insurance policy, contact Thompson Insurance Services in Frisco, TX.

Thompson Insurance Services is a leading consumer insurance agency that provides insurance solutions to customers in and around DFW, and the state of Texas. When you meet with us, we will be able to provide you with more insight into your insurance needs and can provide you with a quote for a policy that ensures that you and your home are fully protected. Be sure to use our online quoting tool for an instant home and auto quote today!