Throughout America, there are daily occurrences of homes, or their contents, being damaged. For people with homeowners insurance, their home investment is protected and they are assured that their home will be returned to its original condition.
The importance of homeowners insurance in Texas was brought home with severe weather occurrences in 2015.
These events were:
â¢ Coastal Bend High Wind â April 24, 2015
â¢ South Texas High Wind from a Gravity Wave â April 9, 2015
â¢ South Texas Heavy Rain â October 24, 2015
â¢ *South Texas Heavy Rain, Flooding and Severe Flooding â May 11-12, 2015
â¢ *South Texas Tornadoes and Flooding, May 15, 2015
â¢ South Texas Severe Weather â April 16, 17, 22, 2015
â¢ South Texas Severe Weather â April 12-14, 2015
* Flooding and earthquakes require extra coverage
There have also been records of ice, hail and snowstorms, cyclones, tornadoes and other severe weather throughout other areas of the state. The above are just the tip of the iceberg when it comes to what unforeseen emergencies can hit a person’s household. Having homeowners insurance in Texas saved many of the people living in these locations from complete disaster.
In October of 2015, a number of homeowners in Central Texas were forced from their home because of a wildfire. Four hundred people had to leave their homes and many returned to find severe damage. In 2011, a similar fire burned 1,600 homes and killed two people. Fortunately, some of them had an insurance in Texas policy.
In addition to the above incidents, there are daily occurrences that can occur in a household, which are covered by homeowners insurance in Texas. These include:
â¢ Loss of Use
â¢ Personal Property
â¢ Structural Damage
Having homeowners insurance in Texas is the only way a person can protect the investment they have in their property. It should be noted that the homeowners insurance in Texas personal property coverage also protects against theft. This is very important in today’s world where break-ins are occurring on a daily basis.
The Loss of Use coverage in your homeowners insurance in Texas is an important section of the policy. When your home is damaged by fire or other occurrences there are times when it is impossible to live in the house. This part of your coverage will pay all your living expenses, including housing, while you are away from your home.
Dwelling coverage is essential for a homeowner. An electrical shortage, gas leak, broken water pipe or other occurrence can cause severe internal damage. Severe winds can blow off the roof. A wildfire can burn your home to the ground. If required, with homeowners insurance in Texas,the home will be re-built from the ground up. There is peace of mind knowing that, no matter how severe the damage might be, your home will be returned to its original condition.
Liability coverage is extremely important in today’s ‘sue happy’ world. It seems like a person can be sued at the drop of a hat when an injury occurs. This section of a homeowners insurance in Texas provides coverage if you or a family member are held liable for damage to another’s property or injuries.
Homeowners insurance in Texas will also provide structural damage which will cover any detached buildings such as cottages, sheds, fences or garages. It is amazing how often these structures can be damaged.
It cannot be over-emphasized how important it is to have home insurance in Texas. A home is a major investment and its loss can be a financial catastrophe. Providing proper protection will bring peace of mind and the assurance that it is protected.